US, EU and Russia Swap Sanctions

March 21, 2014

President Obama issued yet another new Executive Order (E.O.) blocking property of additional Russian persons the U.S. Government holds responsible for the situation in Ukraine on 20 March 2014. For its part, on 21 March 2014, the EU added another 12 names to its list of designated persons. Russia responded by enacting countermeasures that prohibit nine U.S. officials from entering Russia. Below we discuss the specific sanctions imposed by the U.S., EU and Russia and highlight screening solutions that companies should implement as part of a broader compliance program.

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