OFAC Lists Russia-Related Entries as Secondary Sanctions Risks
The Office of Foreign Assets Control on July 3 updated a range of Russia-related entries on its Specially Designated Nationals List and Sectoral Sanctions Identifications List to specify that they present secondary sanctions risks. The agency added language to those…
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entries to clarify that they present a secondary sanctions risk under “Section 11 of Executive Order 14024,” a 2021 order that authorizes certain sanctions against Russia. The agency didn’t provide more information.