The OverRuled: Russia Trade Controls Resource Center has been updated with the following actions:
- 11 Dec 2023 (Russia - Countermeasures):
The Russian Central Bank defines the mechanism of exchanging Russian blocked assets.
- 11 Dec 2023 (OFAC):
The Departments of Commerce, Justice, Homeland Security, the Treasury, and State issued a "Quint-Seal Compliance Note – Know Your Cargo: Reinforcing Best Practices to Ensure the Safe and Compliant Transport of Goods in Maritime and Other Forms of Transportation," a joint note highlighting common tactics deployed by malign actors in the maritime and other transportation industries, as well as recent criminal and civil enforcement actions taken in response to alleged violations of U.S. sanctions and export controls related to the illicit shipment of cargo. The Quint-Seal Compliance Note also outlines steps that the maritime and other transportation industries can take to ensure compliance with U.S. sanctions and export controls.
- 11 Dec 2023 (BIS):
The Departments of Commerce, Justice, Homeland Security, the Treasury, and State issued a "Quint-Seal Compliance Note – Know Your Cargo: Reinforcing Best Practices to Ensure the Safe and Compliant Transport of Goods in Maritime and Other Forms of Transportation," a joint note highlighting common tactics deployed by malign actors in the maritime and other transportation industries, as well as recent criminal and civil enforcement actions taken in response to alleged violations of U.S. sanctions and export controls related to the illicit shipment of cargo. The Quint-Seal Compliance Note also outlines steps that the maritime and other transportation industries can take to ensure compliance with U.S. sanctions and export controls.
- 06 Dec 2023 (Russia - Countermeasures):
The Russian Central Bank clarifies the procedure of the functioning of C-type accounts opened by non-residents who redomicile to Russia.
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