Authorizing the Implementation of Certain Sanctions Set Forth in the Countering America's Adversaries Through Sanctions Act
Directs U.S. Agencies to Carry Out Sanctions Under CAATSA
What it does
Agencies must implement and enforce the sanctions types specified in CAATSA and UFSA, including asset blocks, transaction bans, visa denials, and export restrictions.
Real-world impact
- Blocks property and freezes assets of sanctioned persons within U.S. jurisdiction.
- Limits loans and payments from U.S. financial institutions to sanctioned entities.
- Denies visas, bans contracts, and restricts exports to sanctioned corporate officers.
Topics
Summary
This order authorizes U.S. agencies to implement certain sanctions listed in the Countering America’s Adversaries Through Sanctions Act (CAATSA) and related provisions of the Ukraine Freedom Support Act (UFSA). It directs the Treasury, in consultation with the State Department, and other departments to block property, ban large loans and payments, stop certain exports, and deny visas or contracts when those sanctions are selected. The order targets named persons and financial institutions to address the national emergencies cited in earlier executive orders.
Questions, answered
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