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

Date issued: May. 19 2023

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TURBOFAC Commentary (101 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.