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- Developments in EU and US Sanctions Russian Financial Energy and Defense Sectors Targeted with Coordinated New Sanctions
Developments in EU and U.S. Sanctions: Russian Financial, Energy, and Defense Sectors Targeted with Coordinated New Sanctions; Additional Export Controls Restrictions, Investment Restrictions, and Asset-Blocking Measures Imposed
July 30, 2014, Covington E-Alert
August 30, 2018, Covington Alert
On August 27, 2018, the Department of State imposed sanctions against Russia pursuant to the Chemical and Biological Weapons Control and Warfare Elimination Act of 1991 (CBW Act) in response to Russia’s use of a chemical nerve agent against a UK citizen.
April 6, 2018, Covington Alert
On April 6, the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) announced expanded sanctions against Russian entities and individuals, targeting a number of Russian oligarchs in the energy, banking, and other sectors and companies they own or control, as well as 17 senior Russian government officials.
November 8, 2017, Covington Alert
During the past two weeks, the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) and the U.S. Department of State have taken a number of steps toward implementing aspects of the Countering America’s Adversaries Through Sanctions Act (“CAATSA”), a major piece of sanctions legislation passed by the U.S. Congress in July and signed by ...