By Richard Newcomb, Thomas M. deButts, Nate Bolin, Lawrence E. Levinson, David Peyman & Harout J. Samra

The US and its allies continue to escalate blocking sanctions and other economic measures imposed on the Russian Federation and those supporting Russia in the ongoing war in Ukraine. On March 31, 2022, the Department of StateDepartment of the Treasury, and OFAC announced a new set of measures targeting Russia’s efforts to evade multilateral sanctions, as well as new measures against certain Russian technology companies and cyber actors.

These new measures supplement the extensive measures previously announced by the US government and described in our prior client alerts published on February 23,  February 25February 28March 4March 9March 16, and March 29, 2022.

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