OFAC FAQ (Current) # 1127 - Russian Harmful Foreign Activities Sanctions

Date issued: May. 19 2023

You've hit a wall. Sign in if you have an account, learn more about TURBOFAC and subscription options, or purchase access to the text of the document on this page, the native .pdf file, and the associated TURBOFAC original commentary.
TURBOFAC is a module of the compliance platform OverRuled. To learn more about OverRuled, visit www.overruled.com.

TURBOFAC Commentary (102 words)

Notes:

1) This FAQ highlights the distinction between a primary sanctions prohibition and an authority to impose sanctions on persons for conduct with no U.S. nexus. Refer to General Note on "Sectoral Sanctions" and Determinations Made Pursuant to EOs Providing for the Blocking of Persons Determined to "Operate In" a Certain Sector.

2) On 5-19-23, this FAQ was added and OFAC removed FAQ # 964, FAQ # 1037 and FAQ # 1085, each of which conveyed the substance of this FAQ, but in the context of a specific sectoral determination pursuant to EO 14024.

3) Read alongside FAQ # 1126, a companion FAQ.