OFAC action on Renova and Sulzer

OFAC has taken the following action as regards US Russia sanctions: 1.      Discussed lifting sanctions on RUSAL if Oleg Deripaska relinquishes his control of the company. 2.      Lifted sanctions on Sulzer, which has confirmed that it is “no longer a blocked party or subject to sanctions under U.S. law” and that “all [its] assets [had been] unblocked” because Renova is...