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Global Trade Alert

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United States of America: OFAC introduces certain prohibitions related to certain sovereign debt of Russian Federation

Description

On 15 April 2021, the U.S. Department of Treasury, Office of Foreign Assets Control (OFAC) issued Directive 1A under Executive Order 14024 introducing certain prohibitions related to certain sovereign...

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Intervention Details

Intervention Type

Controls on credit operations

MAST Chapter

Capital control measures

Implementation date

14 Jun 2021

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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