Baker Donelson (JD Supra Russia)

A year ago I posted an overview of OFAC’s Ukraine and Russia-related sanctions program. Although the Executive Orders and program structure described in that post have not been changed or expanded, it is important to remember that (1) the existing prohibitions remain in place until further notice and (2) individuals and entities are added and removed from OFAC’s SDN and SSI lists on a regular...

Until recently, American trade associations including the U.S. Chamber of Commerce and the National Association of Manufacturers have made their opposition to the imposition of further sanctions on Russia known to the Administration in a relatively quiet manner. Now however, in light of U.S. and European leaders’ warnings that a new round of sanctions on particular sectors of the Russian economy...