By Maya Lester KC & Michael O’Kane

US announces “sweeping financial sanctions and stringent export controls” on Russia & Belarus sanctions

The US has imposed a second round of sanctions measures on Russia in response to its invasion of Ukraine. White House Fact Sheet, Remarks by President Biden, OFAC Press Release, Press Release & Notice, Department of Commerce Fact Sheet & BIS Press Release. See below for a summary of the measures: OFAC has issued Russia-related Directive 2 under E.O. 14024, “Prohibitions …

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About Michael O'Kane

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Michael is Senior Partner at Peters & Peters LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters LLP...

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