The Department of the Treasury recently announced that OFAC had designated key enablers of Russia's invasion of Ukraine. This includes dozens of Russian defense companies, 328 members of the Russian State Duma, and the head of Russia’s largest financial institution. This action aligns with similar actions taken by the European Union, the United Kingdom, and Canada.
Treasury also issued new guidance in an FAQ on transactions with the Central Bank of the Russian Federation involving gold.
Also, OFAC recently announced it had issued four General Licenses:
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