More Freezes on Russian Government-Linked Assets
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.
SDN Listing: Property Frozen, Deals Banned
The Department of State added one or more people to the Treasury Department's Specially Designated Nationals (SDN) List administered by OFAC. All their property and interests in property subject to U.S. jurisdiction are blocked immediately, and U.S. persons are generally prohibited from engaging in transactions with them.
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