InfoSight Spotlight: Treasury targets malicious cyber-actors and Russian companies

Treasury announced its Office of Foreign Assets Control (OFAC) has targeted Russian actors’ efforts to circumvent U.S. sanctions under authority provided under Executive Order 13694, “Blocking Property of Certain Persons Engaging in Significant Malicious Cyber-Enabled Activities,” as amended, and by the Countering America’s Adversaries Through Sanctions Act (CAATSA), to designate two entities and two Russian […]

Treasury announced its Office of Foreign Assets Control (OFAC) has targeted Russian actors’ efforts to circumvent U.S. sanctions under authority provided under Executive Order 13694, “Blocking Property of Certain Persons Engaging in Significant Malicious Cyber-Enabled Activities,” as amended, and by the Countering America’s Adversaries Through Sanctions Act (CAATSA), to designate two entities and two Russian individuals in order to counter attempts to evade U.S. sanctions.

In a separate release, Treasury announced North Korea-related designations of two Russia-based shipping companies and six vessels under Executive Order 13810 of September 20, 2017, as persons involved in the ship-to-ship transfer of refined petroleum products with North Korea-flagged vessels, an activity expressly prohibited by the UN Security Council (UNSC).

For recent news releases, visit the OFAC website. Read the full InfoSight newsletter here.

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