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OFAC Publishes Russian Sanctions Directive

The Office of Foreign Assets Control officially released its Russian Harmful Foreign Activities Sanctions Directive July 7, outlining restrictions against the Central Bank of the Russian Federation, the National Wealth Fund of the Russian Federation and the Ministry of Finance…

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of the Russian Federation. The directive, issued by OFAC in April (see 2104150019), was part of a broad sanctions package to penalize Russian human rights violations, corruption and election interference activities.