Article summary
US Department of the Treasury’s Office of Foreign Assets Control (OFAC) is coordinating with the UK to curb Russia’s access to the international financial system. This is a joint effort, targeting the facilitation network of Alisher Usmanov, who is subject to sanctions in multiple jurisdictions. This action also included designations of 25 individuals and 29 entries with touchpoints in 20 jurisdictions to reinforce existing measures and disrupt Russia’s importation of technologies used in war against Ukraine.
To continue reading this news article, as well as thousands of others like it, sign in with LexisNexis or register for a free trial