US Sanctions Russian and Iranian Entities, People for Hostage-Taking
The departments of Treasury and State this week sanctioned Russia’s Federal Security Service (FSB) and Iran’s Islamic Revolutionary Guard Corps Intelligence Organization, along with four of its senior officials, for their role in taking hostages and wrongfully detaining U.S. nationals. The sanctions are the first issued under the authority established last year by Executive Order 14078, which allows for sanctions against hostage-takers (see 2207190045).
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OFAC also issued General License 1C, replacing GL 1B (see 2103020067), which authorizes certain transactions involving Russia's FSB. The license was updated to include references to EO 14078. The agency also updated three frequently asked questions.