OFAC FAQ (Current) # 1040 - Russian Harmful Foreign Activities Sanctions (PDF contans all versions)

Date issued: Jul. 14 2022

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TURBOFAC Commentary (70 words)

Notes:

1) Read in conjunction with Russia-related General License 25. This FAQ serves only to call attention to the amendment to GL 25, i.e. the addition of the carveout pertaining to the blocked entities referenced in the GL.

2) FAQ amended to affirmatively state that the GL authorizes transactions involving persons designated pursuant to EO 14024 (the previous version primarily addressed the scope of the entity-specific carveout).