President Biden Signs New Executive Order Escalating US Sanctions Against Russia

On April 15, 2021, President Biden signed a new executive order, Blocking Property with Respect to Specified Harmful Foreign Activities of the Government of the Russian Federation, escalating US sanctions against the Russian government and against Russian actors that threaten US interests. Concurrently, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) made several dozen new sanctions designations - some in coordination with US allies - targeting individuals and entities...
By: WilmerHale

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