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USA expands Russia sanctions

September 15th, 2014 - Posted by europeansanctions.com in Sanctions

Posted on September 13th 2014 by Maya Lester on europeansanctions.com

The USA has now expanded its sanctions programme relating to Russia in the following ways (in broad summary):

  1. More entities have been added to OFAC’s SDN List:
  2. More entities have been added to OFAC’s Sectoral Sanctions Identifications List:
  3. There is a new prohibition on financing persons in the SSI List, which are largely defense-related companies.
  4. There is a new prohibition on the provision of goods, services (other than financial services) or technology in support of certain deepwater, Arctic offshore or shale products which could produce oil for Russia and which involve certain companies.

Read the full post here: http://europeansanctions.com/2014/09/13/usa-expands-russia-sanctions/

End notes

This article first appeared on European Sanctions Law & Practice (http://europeansanctions.com/), a blog by Maya Lester (+44 20 7379 3550, maya.lester@brickcourt.co.uk), a barrister at Brick Court Chambers, and Michael O’Kane (+44 (0) 20 7822 7777 mokane@petersandpeters.com), head of Business Crime at Peters & Peters.

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