OFAC Extends Wind-Down and Maintenance Period for United Company RUSAL PLC under the Ukraine/Russia Related Sanctions

On April 23, 2018, the Treasury Department’s Office of Foreign Assets Control (OFAC) extended the wind-down period for United Company RUSAL PLC (hereinafter “RUSAL”), the world’s second largest producer of aluminum and one of the companies added to the Specially Designated Nationals (SDN) List earlier this month with other Russian oligarchs, senior Russian government officials, […]

OFAC Adds Russian Oligarchs, Senior Government Officials and Russian-Owned Companies to the Specially Designated Nationals List

On April 6th, pursuant to the Countering America’s Adversaries Through Sanctions Act (CAATSA) and various Executive Orders, the U.S. Treasury Department’s Office of Foreign Assets Control (“OFAC”) added 36 parties to the Specially Designated Nationals (“SDN”) List including: 7 Russian oligarchs and the 12 companies that they own or control; 17 senior Russian government officials; and, A […]

U.S. State Department Publishes CCATSA Section 231 Entity List and Guidance: Sanctions against U.S. and Foreign Persons Loom on the Horizon in 2018

On October 27, 2017, as required by the Countering America’s Adversaries Through Sanctions Act (“CAATSA”), the U.S. State Department published a list of 39 entities that are part of (or operate on behalf of) Russian defense or intelligence sectors, as well as formal guidance about the forthcoming sanctions anticipated in 2018. Section 231 of the […]