OFAC Lists Russia-Related Entries as Secondary Sanctions Risks
The Office of Foreign Assets Control on July 3 updated a range of Russia-related entries on its Specially Designated Nationals List and Sectoral Sanctions Identifications List to specify that they present secondary sanctions risks. The agency added language to those…
entries to clarify that they present a secondary sanctions risk under “Section 11 of Executive Order 14024,” a 2021 order that authorizes certain sanctions against Russia. The agency didn’t provide more information.