OFAC designates Russian businessmen and entities with links to Crimea

At the end of last year, OFAC designated 6 Russian bankers, 1 Russian businessman, and 8 firms with significant financial, infrastructure, or construction links with Crimea. The bankers hold executive positions within Bank Rossiya or its affiliates, which were designated for providing support to a senior Russian official and being controlled by designated “inner circle” member Yuri Kovalchuk. The businessman,...