OFAC FAQ (Current) # 1148 - Russian Harmful Foreign Activities Sanctions

Date issued: Jun. 12 2024

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TURBOFAC Commentary (110 words)

Notes:

1) Refer to comments to EO 14114 for more on the EO. This FAQ does not provide interpretive guidance of any sort.

2) FAQ amended on 6-12-24 to reflect OFAC’s expansion of the definition of the term “military-industrial base” to one that includes all “all persons whose property and interests in property are blocked pursuant to E.O. 14024,” as opposed to only those designated pursuant to EO 14024 for operating in certain specified sectors. FAQ also amended to specify (consistent with the text of the EO) that “providing any service” involving Russia’s military-industrial base is potentially sanctionable. See comments to EO 14114 for further discussion.