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US and Foreign Companies Now Subject to Expansive US License Requirements for Business with Russia

On February 23 and 24, 2022, the United States, through the Department of Commerce’s Bureau of Industry and Security (“BIS”) and the Department of the Treasury’s Office of Foreign Assets Control (“OFAC”), took significant...more

US Imposes Further Economic Sanctions Due to the Russian Federation's Actions in Ukraine

On February 22, 2022, the United States announced and implemented new economic sanctions targeting the Russian Federation’s financial services sector and persons that operate in the sector. These sanctions are designed to cut...more

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