On May 8 and May 9, 2022, the Biden Administration announced new sanctions measures and trade restrictions against Russia for its ongoing aggression against Ukraine.
On May 8 and 9, 2022, the Biden Administration imposed new Russia-related sanctions and export restrictions, including a prohibition on the provision of certain professional services to.
The Bass, Berry & Sims international trade team is actively monitoring the situation in Russia and Ukraine and providing real-time advice to clients on managing the situation. This post.
<p><span><span>Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated individuals and entities critical to Russia’s ability to wage war against Ukraine. These include the board members of two of Russia’s most important banks, a Russian state-owned bank and 10 of its subsidiaries, a state-supported weapons manufacturer, and three of Russia’s state-controlled television stations that generate revenue for the state. </span></span></p>
The U.S. Department of the Treasury has published a list of Russian companies and individuals, on which new sanctions were imposed on May 8, 2022. Ukrinform.