On 9 May, the White House issued a fact sheet titled “The United States and G7 Partners Impose Severe Costs for Putin’s War Against Ukraine’, confirming further restrictive actions that the Department of the Treasury’s Office of Foreign Asset Controls (“OFAC”) and the Bureau of Industry and Security (“BIS”) had taken alongside their counterparts in the EU and UK.
Among the most eye-catching of the new measures – which also include designations of banks, bank executives, Russian media outlets, an...
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