Over the past few weeks, the US Department of the Treasury Office of Foreign Assets Control (OFAC) took additional actions in response to Russia’s continued invasion of Ukraine:

..Removed Kazakh subsidiary of Alfa Bank, Alfa-Bank JSC, from the SDN List following its reported sale to a Kazakh entity.

..Extended and issued new Russia-related General Licenses (GLs) (6B, 25C, 30A, 44, 45, 46).

..Issued a “Food Security Fact Sheet: Russia Sanctions and Agricultural Trade” to further clarify that the United States has not imposed sanctions on the production, manufacturing, sale, or transport of agricultural commodities (including fertilizer), agricultural equipment, or medicine relating to Russia.