The U.S.A.
As of June 06, 2022, the U.S. Department of the Treasury in tandem with the U.S. Department of State and the U.S. Department of Commerce introduced new sanctions against certain individuals and entities (Full Blocking Sanctions, SDN List) and issued new General licenses to carry out certain operations. See: https://home.treasury.gov/news/press-releases/jy0802.The following persons, inter alia, were included in the SDN List:
· Severstal PJSC, Severgroup LLC, NORD GOLD PLC, IMPERIAL YACHTS SARL, Skyline Aviation SRL, Helios LLC, Algoritm LLC, Argument JSC and its controlled entities (ownership of 50% or more);
· Zakharova Maria Vladimirovna, Roldugin Sergey Pavlovich, Reshetnikov Maxim Gennadievich, Mordashov Alexey Aleksandrovich and members of his family, Fayzullin Irek Envarovich, Savelyev Vitaly Gennadievich, Grigorenko Dmitry Yurievich;
· Yacht FLYING FOX linked to IMPERIAL YACHTS SARL, yachts GRACEFUL, OLYMPIA linked to the President of the Russian Federation;
· Aircrafts 3A-MGU (AS365), P4-MGU (A319) linked to Skoch Andrei Vladimirovich, aircraft T7-OKY (BD700-1A10 Global 6000) linked to с Skyline Aviation SRL.
For a complete list of new sanctioned persons see: https://home.treasury.gov/policy-issues/financial-sanctions/recent-actions/20220602.
At the same time, the U.S. Department of the Treasury issued new General licenses for the following transactions:
· all transactions that are ordinarily incident and necessary to the wind down of transactions involving Severstal PJSC and its controlled entities (ownership of 50% or more) are authorized until August 31, 2022, , provided that any payment to a sanctioned person must be made into a blocked account located in the U.S. (see: https://home.treasury.gov/system/files/126/russia_gl36.pdf);
· all transactions that are ordinarily incident and necessary to the wind down of transactions involving NORD GOLD PLC and its controlled entities (ownership of 50% or more) are authorized until July 01, 2022, , provided that any payment to a sanctioned person must be made into a blocked account located in the U.S. (see: https://home.treasury.gov/system/files/126/russia_gl37.pdf);
· all transactions that are ordinarily incident and necessary to the processing of pension payments to U.S. persons are authorized, provided that the only involvement of blocked persons is the processing of funds by financial institutions (see: https://home.treasury.gov/system/files/126/russia_gl38.pdf).
Thus, the U.S. Department of the Treasury in tandem with other agencies continues to pursue a restrictive policy against certain individuals and legal entities in Russia.