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ARTICLE · 20 DECEMBER 2023

U.S. Imposes More Blocking Sanctions, Expands Entities List

Lewis Brisbois Bisgaard & Smith LLP
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Washington, D.C. (December 13, 2023) - On November 2, 2023, The United States Treasury Department's Office of Foreign Assets Control (OFAC) imposed Specially Designated Nationals...

United StatesInternational Law
Alexandra Charysh
Alexandra Charysh
Jane Luxton
Jane Luxton
Andrew Pidgirsky
Andrew Pidgirsky
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Washington, D.C. (December 13, 2023) - On November 2, 2023, The United States Treasury Department's Office of Foreign Assets Control (OFAC) imposed Specially Designated Nationals (SDN) blocking sanctions on more than 100 Russian and third-country entities and individuals, including Russian energy, metals, technology, and financial sector entities, as well as persons in multiple countries involved in the supply of dual-use and other controlled items to Russia. The new sanctions aim to further weaken Russia's military and industrial capabilities in connection with its pursuit of the war in Ukraine.

Additionally, OFAC also sanctioned numerous Russian government officials in the Ministries of Industry and Trade, Digital Development, Energy and Economy, and announced a three-month extension of its General License 13 (now GL 13G) to allow U.S. companies to continue to conduct certain financial and other transactions with the Russian government that are

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