On July 29, the EU and United States took coordinated steps to expand sanctions targeting the Russian financial services, energy, and defense sectors, including restrictions on energy-related exports to Russia. The EU also took steps to limit certain types of trade and investment in Crimea, while both the EU and
Continue Reading Coordinated EU and U.S. Sanctions Target the Russian Financial, Energy, and Defense Sectors
SSI List
New Sanctions Targeting Russian Financial and Energy Sectors
By Kimberly Strosnider on
Posted in International Strategy, Russia
On July 16, 2014, the U.S. Treasury Department’s Office of Foreign Assets Control (“OFAC”) imposed an additional wave of sanctions against Russian entities in the financial, energy, and defense sectors. OFAC established a new Sectoral Sanctions Identifications List (the “SSI List”), which identifies two Russian financial institutions and two Russian…
Continue Reading New Sanctions Targeting Russian Financial and Energy Sectors