Trade and Manufacturing Monitor
United Kingdom Expands Asset Freeze; Prominent Russian Figures Targeted
Today, the United Kingdom added seven Russian businessmen to its asset freeze list. Chief among the designations are Roman Abramovich, Igor Sechin, and Oleg Deripaska. Mr. Abramovich is best known for being the owner…
European Union Imposes Further Sanctions and Export Controls on Russia, Expands Sanctions on Belarus
On March 9, 2022, the European Union imposed new sanctions on Russian oligarchs, businesspeople and government officials; significantly expanded sanctions on Belarus; and imposed new maritime-related export controls on…
U.S. Bans Russian Energy Imports; Investments in Russian Energy Sector
Today, the Biden Administration issued a new Executive Order (E.O.) banning imports of Russian-origin energy into the United States and prohibiting new investments in the Russian energy sector. Although the United…
FinCEN Warns Of Russia Sanctions Evasion; Focus on Crypto
On March 7, 2022, the Financial Crimes Enforcement Network (FinCEN) issued an alert advising financial institutions to be vigilant against attempts to evade recent U.S. sanctions imposed on Russia’s following that…
Summary of Sanctions Imposed on Russia This Week (March 4, 2022)
Over the last two weeks, the United States, European Union, and allied countries imposed a broad range of sanctions and export control restrictions on Russia and Belarus in response to Russia’s invasion of Ukraine.…