The OverRuled: Sanctions Module has been updated with the following actions:
- 14 Mar 2024 - EFG International AG - USD $3,740,442
Between 2014 and 2018, EFG International AG caused U.S. securities firms to process 727 securities-related transactions, totaling $29,939,701, on behalf of customers in Cuba, 141 securities-related transactions, totaling $468,615, for an individual blocked under the Kingpin Act and, in 2023, five dividend payments, with a combined value of $1,200, for U.S.-custodied securities of a person blocked under Executive Order 14024 of OFAC's Russia sanctions program.
The OverRuled: Russia Trade Controls Resource Center has been updated with the following actions:
- 14 Mar 2024 (Russia - Countermeasures):
"Personal sanctions" are imposed on 227 U.S. citizens.
- 13 Mar 2024 (Russia - Countermeasures):
The Russian President terminated the temporary management of Danone Russia JSC.
- 11 Mar 2024 (Switzerland):
The Swiss State Secretariat of Economic Affairs ("SECO") updated its FAQs in respect of sanctions against Russia.
Please send an email to subscriptions@overruled.com, if you would like information on how to subscribe to access additional detail about these and other sanctions- and export controls-related actions. If you are already a paid subscriber, please login to OverRuled for access to exclusive content, analysis, and historic search functionality.