Blocking Property of Additional Persons Contributing to the Situation in Ukraine
Blocks Property and Bans Transactions With Russian-Linked Persons
What it does
Agencies must freeze and block property, bar transactions, and suspend entry for persons tied to specified Russian sectors or supporting blocked parties.
Real-world impact
- Freezes assets of people and companies tied to targeted Russian economic sectors.
- Prohibits U.S. persons from providing funds, goods, or services to blocked parties.
- Suspends entry to the United States for foreign nationals meeting blocking criteria.
Topics
Summary
This order expands a national emergency and blocks property and transactions involving certain people and companies tied to the situation in Ukraine.
It directs U.S. authorities to freeze assets and bar transactions with people the Treasury, after consulting the Secretary of State, identifies.
Those identified include people operating in Russian financial, energy, mining, engineering, or defense sectors, people who support blocked parties, and foreign nationals who will be denied entry.
Questions, answered
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