Fresh Sanctions Hit Russian-Linked Property and Funds
Published Date: 2/21/2025
Notice
Summary
The U.S. government just added some people linked to harmful actions by the Russian government to a special blacklist. This means their property in the U.S. is frozen, and Americans can’t do business with them. These moves are immediate and aim to stop bad behavior by cutting off money and access.
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
New SDN Designations Freeze Property
The Department of State published names of one or more people added to the Treasury Department’s Specially Designated Nationals and Blocked Persons (SDN) List. All property and interests in property subject to U.S. jurisdiction of those persons are blocked, and U.S. persons are generally prohibited from engaging in transactions with them.
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