As the war in Ukraine rages on, recent advisories from financial crime agencies in the United States and the United Kingdom indicate heightened scrutiny on financial activity of Russian individuals and entities, including...more
1/20/2023
/ Economic Sanctions ,
Financial Institutions ,
Financial Services Industry ,
Financial Stimulus ,
Foreign Investment ,
Foreign Nationals ,
Foreign Policy ,
Popular ,
Russia ,
UK ,
United States
On February 24, 2022, the United States, in coordination with the European Union, the United Kingdom, Canada, Australia, Japan, and other allies, took further action against Russia and Belarus in response to Russia's invasion...more
New Sanctions Also Authorized on Russian Financial Institutions, Elites, and Sovereign Debt, with UK and EU Sanctions to Follow -
The Biden administration announced measures this week in response to the Russian...more
The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) published new guidance last week for the virtual currency industry. While OFAC's economic sanctions compliance obligations apply to all U.S. persons, the...more