News

Russia: US Imposes Sanctions on 100's of Individuals & Entities

This is a repost from our LinkedIn page – follow our LinkedIn page to stay updated!

William (Bill) Callahan
,
October 4, 2022

This is a repost from our LinkedIn page – follow our LinkedIn page to stay updated!


🚨BREAKING🚨
U.S. imposes sweeping Russia-related #sanctions on 100's of people and companies.

🚨Just hours ago the United States 🇺🇸 Government took further action against Russia over the sham election, annexing parts of Ukraine 🇺🇦.

🚨 The U.S. Department of the Treasury said it imposed #sanctions on 14 people in Russia's military-industrial complex, two leaders of the country's central bank, family members of top officials and 278 members of Russia's legislature for enabling Russia's sham referenda and attempt to annex sovereign Ukrainian territory.

🚨The U.S. Department of State also imposed visa restrictions on more than 900 people, including members of the Russian and Belarusian military and Russia's proxies for violating Ukraine's sovereignty, territorial integrity, and political independence.

🚨The U.S. Department of Commerce is adding 57 entities to its U.S. export blacklist. The agency will also make clear that U.S. restrictions on exports to Russia can apply to entities in other countries that support Russia's and Belarus' military and industrial sectors by shipping prohibited technologies and other items prohibited by the United States and the 37 countries with similar restrictions.

🚨The Treasury also issued guidance warning of heightened sanctions risk to those outside Russia should they provide political or economic support to Moscow.

⛔️sanctions.io comprehensive API-first solution financial institutions and businesses use to scan their clients and client’s transactions against global Sanctions Lists, Crime lists, and PEP lists, continues to monitor the latest sanctions developments for its customers and business network. #EU#OFAC#OFSI#UNSC.

New Sanctions Screening Guide
Download our FREE Sanctions Screening Guide and learn how to set up an effective sanctions screening process in your organization.
New Case Study
Discover how technology companies streamline global sanctions compliance with sanctions.io
William (Bill) Callahan
After over 26 years serving in the U.S. Department of Justice, Bill retired from the U.S. Drug Enforcement Administration (DEA) as the Special Agent in Charge of the St. Louis Division. During his over 20-year career with the DEA, he held numerous positions, primarily centering on financial investigations of some of the largest narcotics and money laundering transnational criminal organizations, using trade-based money laundering, hawala, bulk cash smuggling, and cryptocurrency to launder their ill-gotten gains.
Enjoyed this read?

Subscribe to our Newsletter right now and never miss again any new Articles, Guides and more useful content for your AML and Sanctions compilance.

Success! Your email has been successfully registered for our newsletter.
Oops! Something went wrong while submitting the form.