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May 13, 2022

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9 min read

OFAC Announces New Sanctions on Accounting, Trust/Corporate Formation, and Management Consulting Services to Russia

On May 8, the U.S. Department of the Treasury’s Office of Foreign Assets Control announced a Determination pursuant to Section 1(a)(ii) of Executive Order
14071 of April 6, 2022, Prohibiting New Investment in and Certain Services to the Russian Federation in Response to Continued Russian Federation Aggression,
determining that effective 12:01am ET, June 7, 2022, U.S. Persons are prohibited to directly or indirectly export, reexport, sell, or supply accounti...Read more
...Read more

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Global Trade & Foreign Policy Insights addresses rapidly evolving U.S. foreign policy and its impact on cross-border trade. We address the impact on financial services, supply chains, and manufacturing. We also cover the international community’s response to U.S. foreign policy.

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  • Crisis Management
  • ITC – Section 337
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