In response to Russia's invasion of Ukraine in February
2022, the United States, with support from its allies including the
United Kingdom and the European Union, has imposed a complex mix of
financial sanctions and export control restrictions aimed at Russia
and Belarus. These measures include expanded territorial embargoes;
blocking sanctions on banks, financial institutions, government
leaders, and other entities and high-wealth individuals;
correspondent banking restrictions; sovereign debt restrictions;
and expansive export controls. As events continue to unfold,
further actions are anticipated.
These measures affect companies with operations or business in
Russia, Belarus and Ukraine, as well as companies that have taken
or plan to take investment from these jurisdictions. The complexity
of the measures assumes that companies have basic risk-appropriate
sanctions and export compliance frameworks in place, including
processes to:
