Wiley Rein LLP (LexBlog Russia)

Yesterday, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated several Russian individuals and entities as Specially Designated Nationals (SDNs) pursuant to the Countering America’s Adversaries Through Sanctions Act of 2017 (CAATSA) and a cyber-related Executive Order. The new sanctions are retaliation for Russia’s interference in the most recent presidential...

The Department of Commerce’s Bureau of Industry and Security (BIS) has published a much-anticipated Frequently Asked Questions (FAQs) guide to its Russia sanctions.  The FAQs guide primarily addresses BIS’s broad energy-sector sanctions, which prohibit the export, reexport, or in-country transfer of certain items without a license when the person either: (1) knows or is informed...

The ever-evolving sanctions targeting Russia in response to the crisis in Ukraine just became more complicated, as the Commerce Department issued a new set of export restrictions aimed at further limiting U.S. trade with Russia’s defense and energy sectors. Defense Sector Sanctions Commerce added the following Russian defense companies to its Entity List and imposed...

This year, the U.S. government has implemented a wave of new sanctions targeting Russia in response to the ongoing crisis in Ukraine. Among the growing web of restrictions on doing business with Russia, the Commerce Department’s recent Russian oil industry sanctions have particularly far-reaching implications for companies involved with Russia’s energy sector. These Commerce Department...