New rules and announcements expand existing sanctions and export controls relating to Russia.
This Client Alert is published in the context of ongoing developments and should be read in conjunction with the Latham & Watkins Client Alerts published on 25 February, 1 March, 8 March, 11 March, and April 12.
US Sanctions -
New OFAC Determinations On 8 May 2022, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued two “determinations” that impose sanctions on new sectors of the Russian economy.
Please see full publication below for more information.