As an update to our previous alerts of 24 February, 25 February, and 15 March, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on 24 March announced an.
U.S. Sanctions - The U.S. continued to expand its Russia-related sanctions with new additions to the Specially Designated Nationals and Blocked Persons List (“SDN List”).
The U.S. Department of the Treasury’s Office of Foreign Assets Control on 24 March announced an additional round of sanctions on Russia one month to the date following Russia’s invasion of Ukraine.
Since the publication of our 9 March 2022 client alert, the US, UK and EU and other allied nations have imposed additional sanctions and export controls on key elements of the Russian.