Treasury Imposes Additional Price Cap-Related Sanctions

Date issued: Dec. 01 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 (56 words)

Notes:

1) Compare Treasury Sanctions Entities for Transporting Oil Sold Above the Coalition Price Cap to Restrict Russia’s War Machine, and see comments thereto. As with that case, this may appear at first blush to be a de facto "secondary sanctions" action, but it is really an unusual form of a primary sanctions enforcement action.