New Russia-related Executive Order, etc.

OFAC has posted a Notice of Recent Actions to report a new Executive Order and related determinations; issuance of Russia-related General Licenses and FAQs; and publication of a Russia-related Compliance Advisory.

• Russia-related Executive Order (E.O.), “Taking Additional Steps With Respect to the Russian Federation’s Harmful Activities.”
• Determination Pursuant to Section 11(a)(ii) of E.O. 14024, as amended by the E.O. of December 22, 2023, and a Determination Pursuant to Section 1(a)(i)(B) of E.O. 14068, as amended by the E.O of December 22, 2023
• Amended Determination issued on June 28, 2022, “Prohibitions Related to Imports of Gold of Russian Federation Origin.”
• Russia-related General License 83, "Authorizing Certain Transactions Related to Imports of Certain Categories of Fish, Seafood, and Preparations Thereof Prohibited by Executive Order 14068"
• General License 84, "Authorizing Transactions Related to Closing a Correspondent or Payable-Through Account"
• General License 85, "Authorizing the Wind Down of Transactions and the Closure of Accounts Involving Expobank Joint Stock Company"
• 12 New Russia-related FAQs 1146–1157
• Amended Russia-related FAQs 973, 1070, and 1126
• Compliance Advisory with guidance to foreign financial institutions on the amendments to E.O. 14024, including practical guidance on how to identify sanctions risks and implement corresponding controls.