On June 20, 2017, the US Office of Foreign Assets Control (“OFAC”) announced that it had added 38 individuals and entities to the Specially Designated Nationals and Blocked Persons List (“SDN List”) and 20 entities to the Sectoral Sanctions Identification List (“SSI List”) under US sanctions targeting Russia and Crimea. On June 21, 2017, the US Bureau of Industry and Security (“BIS”) also announced that it would add some of these SDN entities to the Entity List.
On July 30, 2015, the US Treasury Department’s Office of Foreign Assets Control (“OFAC”) designated certain individuals and entities on the Specially Designated Nationals and Blocked Persons List (“SDN List”) and identified certain entities on the Sectoral Sanctions Identifications List (“SSI List”) pursuant to various Russia sanctions measures that have been imposed since last year. A complete list of parties that are newly designated on the SDN List and the SSI List is available here. …
On May 22, 2015, the US Government relaxed certain export and reexport controls imposed under US sanctions targeting the Crimea region of Ukraine (“Crimea”). Specifically, the US Treasury Department’s Office of Foreign Assets Control (“OFAC”) issued a new General License authorizing the export or reexport from the United States or by US Persons to persons in Crimea of certain services and software incident to the exchange of personal communications over the Internet. In coordination with…
On January 30, 2015, the US Treasury Department’s Office of Foreign Assets Control (“OFAC”) issued three Ukraine-related general licenses authorizing certain transactions relating to Crimea that would otherwise be prohibited under Executive Order 13685. As detailed in our recent post, Executive Order 13685 imposed comprehensive sanctions on the Crimea region of Ukraine and provided the authority for blocking certain persons in connection with the situation in Crimea. Consistent with Executive Order 13685, the US Government…