PRINT
1128. Under Executive Order (E.O.) 14071, “Prohibiting New Investment in and Certain Services to the Russian Federation in Response to Continued Russian Federation,” U.S. persons are prohibited from providing certain services to persons located in the Russian Federation. How will OFAC define those categories of services?
Section 1(a)(ii) of E.O. 14071 prohibits the exportation, reexportation, sale, or supply, directly or indirectly, from the United States, or by a United States person, wherever located, of any category of services as may be determined by the Secretary of the Treasury, in consultation with the Secretary of State, to any person located in the Russian Federation. As of April 12, 2024, categories of services identified pursuant to E.O. 14071 include:
[Categories of Services / Date of Determination / Date of Effectiveness / Definitions
accounting / May 8, 2022/ June 7, 2022 / FAQ 1034
trust and corporate...
Click the appropriate link below for access to this file.
Click the appropriate link below for access to this file.
---
Notes:
1) This FAQ introduces definitions for "architecture services" and "engineering services" that control the scope of Determination Pursuant to Section 1(a)(ii) of Executive Order 14071 (Effective June 18, 2023). Refer to section IV of General Note on E.O. 14071-Based Prohibitions on the Exportation to Certain Services to Persons Located in Russia (System Ed. Note) for commentary.
2) FAQ amended on 4-12-24 to add a definition for "metals acquisition services" that relates to Determination Pursuant to Section 1(a)(ii) of Executive Order 14071 (Effective April 12, 2024) - Prohibitions on Certain Services for the Acquisition of Aluminum, Copper, or...