State Slaps Sanctions on Fresh Batch of Russian Trouble-Makers
Published Date: 2/21/2025
Notice
Summary
The U.S. Department of State has added new people to a special sanctions list because of harmful actions linked to the Russian government. This means their property in the U.S. is frozen, and Americans can’t do business with them. These changes took effect starting September 12, 2024, and aim to stop bad behavior by blocking money and deals.
Analyzed Economic Effects
2 provisions identified: 0 benefits, 2 costs, 0 mixed.
Designated persons’ U.S. property frozen
On September 12, 2024, one or more people were added to the U.S. Treasury Department’s List of Specially Designated Nationals (SDN List). All property and interests in property of those listed that are subject to U.S. jurisdiction are blocked, meaning those assets are frozen under U.S. law.
U.S. persons barred from dealing with designees
Following the September 12, 2024 designation, U.S. persons are generally prohibited from engaging in transactions with the listed individuals. That means Americans and U.S.-based businesses may not buy from, sell to, or otherwise do business with those on the SDN List.
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Previous / Next Documents
Previous: 2025-02896, Notice of Department of State Sanctions Actions Pursuant to the Executive Order Regarding Blocking Property With Respect to Specified Harmful Foreign Activities of the Government of the Russian Federation
The U.S. Department of State has added certain Russian individuals and vessels to a special sanctions list, blocking their property and stopping Americans from doing business with them. These actions target harmful activities by the Russian government and took effect starting December 18, 2024. This means any U.S.-based assets linked to these people or ships are frozen, and financial dealings with them are off-limits.
Next: 2025-02898, Notice of Department of State Sanctions Actions Pursuant to the Executive Order Regarding Blocking Property With Respect to Specified Harmful Foreign Activities of the Government of the Russian Federation
The U.S. Department of State has officially blocked the property and financial interests of certain people linked to harmful actions by the Russian government. These individuals are now on a special sanctions list, meaning Americans can’t do business with them. This move took effect starting January 10, 2025, aiming to stop bad behavior and protect U.S. interests.