OFAC Removes Sanctions From Russian Aircraft Company
The Office of Foreign Assets Control on May 3 removed several Russia-related entries from its Specially Designated Nationals List, including Malta- and Russia-based aircraft management company Emperor Aviation Ltd., which was designated in 2022 for providing luxury travel to a Russian government official (see 2211140018). OFAC also removed several aircraft owned by Emperor Aviation from the SDN List.
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An OFAC spokesperson said the company and its vessels were removed either due to a "behavior change" or a "change of circumstances." OFAC in January removed sanctions from another aircraft owned by Emperor Aviation (see 2401120016).