Menu Home

Sunday not a day of rest for OFAC – 3 new Russia GLs (+ 1 amended one), 2 new Determinations, new FAQs… and designations

Yesterday, OFAC added the following persons:

ALYMOVA, Natalya Andreevna (Cyrillic: АЛЫМОВА, Наталья Андреевна), Russia; DOB 27 Feb 1979; POB Moscow, Russia; nationality Russia; Gender Female (individual) [RUSSIA-EO14024] (Linked To: PUBLIC JOINT STOCK COMPANY SBERBANK OF RUSSIA). 

BELOUS, Aleksei Petrovich (a.k.a. BELOUS, Alexey), Luxembourg; DOB 1969; nationality Russia; Gender Male (individual) [RUSSIA-EO14024].

BORISENKO, Elena Adolfovna (a.k.a. BORISENKO, Elena Adolifovna), Moscow, Russia; DOB 21 Apr 1978; POB Leningrad, Russia; nationality Russia; Gender Female (individual) [RUSSIA-EO14024].

BURIKO, Alexandra Yurevna (Cyrillic: БУРИКО, Александра Юрьевна), Russia; DOB 06 Jun 1977; POB Moscow, Russia; nationality Russia; Gender Female (individual) [RUSSIA-EO14024] (Linked To: PUBLIC JOINT STOCK COMPANY SBERBANK OF RUSSIA).

DMITRIEV, Vladimir Aleksandrovich, Moscow, Russia; DOB 25 Aug 1953; POB Moscow, Russia; nationality Russia; Gender Male (individual) [RUSSIA-EO14024].

GAVRILENKO, Anatolii Anatolyevich (a.k.a. GAVRILENKO, Anatoli Anatolievich; a.k.a. GAVRILENKO, Anatoliy Anatolevich; a.k.a. GAVRILENKO, Anatoly), Moscow, Russia; DOB 1972; nationality Russia; Gender Male; Tax ID No. 771902996586 (Russia) (individual) [RUSSIA-EO14024].

GAZARYAN, Yuriy Garunovich (a.k.a. GAZARYAN, Yuri Garunovich), Moscow, Russia; DOB 23 Jul 1974; POB Baku, Azerbaijan; nationality Russia; Gender Male (individual) [RUSSIA-EO14024].

GOLODETS, Olga Yuryevna (Cyrillic: ГОЛОДЕЦ, Ольга Юрьевна) (a.k.a. GOLODETS, Olga Yurevna; a.k.a. GOLODETS, Olga Yurievna), Russia; DOB 01 Jun 1962; POB Moscow, Russia; nationality Russia; Gender Female (individual) [RUSSIA-EO14024] (Linked To: PUBLIC JOINT STOCK COMPANY SBERBANK OF RUSSIA).

KAMYSHEV, Denis Valentinovich, Russia; DOB Nov 1975; nationality Russia; alt. nationality United Kingdom; alt. nationality South Africa; Gender Male (individual) [RUSSIA-EO14024].

KAPLUNNIK, Irina Aleksandrovna, Moscow, Russia; Bulgaria; DOB 1969; nationality Russia; alt. nationality Bulgaria; Gender Female (individual) [RUSSIA-EO14024].

KHACHATUROV, Tigran Garikovich, Moscow, Russia; DOB 07 Feb 1979; POB Yerevan, Armenia; nationality Russia; Gender Male (individual) [RUSSIA-EO14024].

KOMANOV, Viktor Alekseevich, Russia; DOB 1973; nationality Russia; Gender Male (individual) [RUSSIA-EO14024].

KUZNETSOV, Stanislav Konstantinovich (Cyrillic: КУЗНЕЦОВ, Станислав Константинович), Russia; DOB 25 Jul 1962; POB Leipzig, Germany; nationality Russia; Gender Male (individual) [RUSSIA-EO14024] (Linked To: PUBLIC JOINT STOCK COMPANY SBERBANK OF RUSSIA).

MALTSEV, Sergey Aleksandrovich (Cyrillic: МАЛЬЦЕВ, Сергей Александрович), Russia; DOB 28 Feb 1973; POB Solikamsk, Perm, Russia; nationality Russia; Gender Male (individual) [RUSSIA-EO14024] (Linked To: PUBLIC JOINT STOCK COMPANY SBERBANK OF RUSSIA).

MATVEEV, Aleksei Anatolievich, Russia; DOB 1963; POB Leningrad, Russia; nationality Russia; Gender Male (individual) [RUSSIA-EO14024].

MURANOV, Aleksander Yurievich (a.k.a. MURANOV, Aleksandr Yurievich), Moscow, Russia; DOB 14 Jul 1958; nationality Russia; alt. nationality Armenia; Gender Male (individual) [RUSSIA-EO14024].

POPOV, Anatoliy Leonidovich (Cyrillic: ПОПОВ, Анатолий Леонидович) (a.k.a. POPOV, Anatoly), Russia; DOB 05 Dec 1974; POB Novosibirsk, Russia; nationality Russia; Gender Male (individual) [RUSSIA-EO14024] (Linked To: PUBLIC JOINT STOCK COMPANY SBERBANK OF RUSSIA).

POPOVICH, Aleksei Valerievich (a.k.a. POPOVICH, Aleksey Valeryevich), Moscow, Russia; DOB 1987; nationality Russia; Gender Male (individual) [RUSSIA-EO14024].

PUZYRNIKOVA, Natalya Vladislavovna, Moscow, Russia; DOB 1979; nationality Russia; Gender Female (individual) [RUSSIA-EO14024].

ROSSEEV, Mikhail Nikolaevich (a.k.a. ROSSEYEV, Mikhail Nikolayevich), Moscow, Russia; DOB 06 Feb 1975; nationality Russia; Gender Male (individual) [RUSSIA-EO14024].

RUSANOV, Igor Valerievich, Moscow, Russia; DOB Apr 1970; nationality Russia; Gender Male (individual) [RUSSIA-EO14024].

RYSKIN, Vladimir Markovich, Moscow, Russia; DOB 1961; nationality Russia; Gender Male (individual) [RUSSIA-EO14024].

SADYGOV, Famil Kamil Ogly, Moscow, Russia; DOB 03 Mar 1968; nationality Russia; Gender Male (individual) [RUSSIA-EO14024].

SEREDA, Mikhail Leonidovich, Moscow, Russia; DOB 09 May 1970; POB Klintsi, Bryansk Oblast, Russia; nationality Russia; Gender Male; Tax ID No. 780602487039 (Russia) (individual) [RUSSIA-EO14024].

SHAMALOV, Yurii Nikolaevich (a.k.a. SHAMALOV, Yuri Nikolaevich; a.k.a. SHAMALOV, Yury), Moscow, Russia; DOB 10 Jun 1970; POB Leningrad, Russia; nationality Russia; Gender Male; Tax ID No. 699134712 (Russia) (individual) [RUSSIA-EO14024].

SOBOL, Alexander Ivanovich (a.k.a. SOBOL, Aleksandr Ivanovich), Russia; DOB 22 Jul 1969; alt. DOB 1969; nationality Russia; Gender Male (individual) [RUSSIA-EO14024].

STEPANOV, Aleksandr Mikhailovich, Moscow, Russia; DOB 1976; nationality Russia; Gender Male (individual) [RUSSIA-EO14024].

TSAREV, Kirill Aleksandrovich (Cyrillic: ЦАРЁВ, Кирилл Александрович), Russia; DOB 25 Sep 1978; POB St. Petersburg, Russia; nationality Russia; Gender Male (individual) [RUSSIA-EO14024] (Linked To: PUBLIC JOINT STOCK COMPANY SBERBANK OF RUSSIA).

TYURIN, Vyacheslav Aleksandrovich (a.k.a. TYURIN, Vachelav), Moscow, Russia; DOB 1960; nationality Russia; Gender Male (individual) [RUSSIA-EO14024].

VINOKUROV, Vladimir Nikolaevich, Moscow, Russia; DOB 1959; nationality Russia; Gender Male (individual) [RUSSIA-EO14024].

YELISEYEV, Ilya Vladimirovich (a.k.a. ELISEEV, Iliya Vladimirovich), Moscow, Russia; DOB 19 Dec 1965; nationality Russia; Gender Male (individual) [RUSSIA-EO14024].

ZAUERS, Dmitrii Vladimirovich (a.k.a. ZAUERS, Dmitri Vladimirovich; a.k.a. ZAUERS, Dmitry Vladimirovich), Moscow, Russia; DOB 1979; nationality Russia; Gender Male (individual) [RUSSIA-EO14024].

ZLATKIS, Bella Ilyinichna (Cyrillic: ЗЛАТКИС, Белла Ильинична) (a.k.a. ZLATKIS, Bella Ilinichna), Russia; DOB 05 Jul 1948; POB Moscow, Russia; nationality Russia; Gender Female (individual) [RUSSIA-EO14024] (Linked To: PUBLIC JOINT STOCK COMPANY SBERBANK OF RUSSIA).

and entities:

AGROPROMYSHLENNY KOMPLEKS VORONEZHSKI OOO (a.k.a. APK VORONEZHSKII; a.k.a. VORONEZHSKI OOO), Ul Molodezhnaya D.1A, Kuzminskoye 601769, Russia; Organization Established Date 04 Jul 1994; Organization Type: Mixed farming; Tax ID No. 3306009951 (Russia); Registration Number 1053300906900 (Russia) [RUSSIA-EO14024] (Linked To: JOINT STOCK COMPANY MOSCOW INDUSTRIAL BANK). 

ANNINSKII ELEVATOR OOO, Ul. Engelsa D.1, Anna 396254, Russia; Organization Established Date 06 Dec 2006; Organization Type: Post-harvest crop activities; Tax ID No. 3016051334 (Russia); Registration Number 1063016048083 (Russia) [RUSSIA-EO14024] (Linked To: JOINT STOCK COMPANY MOSCOW INDUSTRIAL BANK).

AUDITKONSALT OOO, Ul Velozavodskaya D 6, Moscow 115280, Russia; Organization Established Date 13 Apr 2006; Organization Type: Management consultancy activities; Tax ID No. 7725567505 (Russia); Registration Number 1067746493605 (Russia) [RUSSIA-EO14024] (Linked To: JOINT STOCK COMPANY MOSCOW INDUSTRIAL BANK).

AZOVSKAYA ZERNOVAYA KOMPANIYA OOO, Ul. Engelsa D. 14, Kabinet 4, Azov 346780, Russia; Organization Established Date 18 Apr 2016; Organization Type: Post-harvest crop activities; Tax ID No. 6140004060 (Russia); Registration Number 1166196071238 (Russia) [RUSSIA-EO14024] (Linked To: JOINT STOCK COMPANY MOSCOW INDUSTRIAL BANK).

BELINVESTSTROI OOO, B-R Svyato-Troitskii D. 38, Office 8, Belgorod 308009, Russia; Organization Established Date 06 Mar 2008; Organization Type: Construction of buildings; Tax ID No. 9715263396; Registration Number 1083123003842 (Russia) [RUSSIA-EO14024] (Linked To: JOINT STOCK COMPANY MOSCOW INDUSTRIAL BANK).

DVE STOLITSY OOO, Ul. Chermyanskaya D. 3, Kom. 3 Floor 1, Moscow 127081, Russia; Organization Established Date 21 Jun 2016; Tax ID No. 9715263396 (Russia); Registration Number 1167746583751 (Russia) [RUSSIA-EO14024] (Linked To: JOINT STOCK COMPANY MOSCOW INDUSTRIAL BANK).

EKSPLUATIRUYUSHCHAYA KOMPANIYA TSENTR OOO, PR-KT A.A.Kadyrova D. 40, LIT. A, Pomeshch. 9, Groznyy 364024, Russia; Organization Established Date 11 Aug 2020; Organization Type: Real estate activities on a fee or contract basis; Tax ID No. 2014022294 (Russia); Registration Number 1202000004403 (Russia) [RUSSIA-EO14024] (Linked To: KONTRAKT OOO).

JOINT STOCK COMPANY CHANNEL ONE RUSSIA (a.k.a. AO PERVYI KANAL (Cyrillic: АО ПЕРВЫЙ КАНАЛ); a.k.a. JOINT STOCK COMPANY CHANNEL ONE; a.k.a. JSC CHANNEL ONE), Akademika Koroleva D.12, Moscow 127427, Russia; Tax ID No. 7717039300 (Russia); Registration Number 1027700222330 (Russia) [RUSSIA-EO14024].

JOINT STOCK COMPANY MOSCOW INDUSTRIAL BANK (a.k.a. JOINT STOCK COMMERCIAL BANK MOSCOW INDUSTRIAL BANK; a.k.a. JSC MOSCOW INDUSTRIAL BANK (Cyrillic: АО МОСКОВСКИИ ИНДУСТРИАЛЬНЫИ БАНК); a.k.a. MOSCOW INDUSTRIAL BANK PJSCB; f.k.a. MOSKOVSKI INDUSTRIALNY BANK PUBLICHNOE AKTSIONERNOE OBSHCHESTVO; a.k.a. MOSKOVSKIJ INDUSTRIALNYJ BANK PJSCB; a.k.a. MOSKOVSKY INDUSTRIALNY BANK; f.k.a. PUBLIC JOINT STOCK COMPANY MOSCOW INDUSTRIAL BANK), Ordzhonikidze Street 5, Moscow 115419, Russia; SWIFT/BIC MINNRUMM; BIK (RU) 044525600; Organization Established Date 22 Nov 1990; Target Type Financial Institution; Tax ID No. 7725039953 (Russia); Government Gazette Number 09317135 (Russia); Legal Entity Number 2534006SJ05GGKETEY75 (Russia); Registration Number 1027739179160 (Russia) [RUSSIA-EO14024].

JOINT STOCK COMPANY NORTHERN SHIPPING COMPANY (a.k.a. JSC NSC ARKHANGELSK; a.k.a. OAO SEVERNOYE MORSKOYE PAROKHODSTVO; a.k.a. OJSC NORTHERN SHIPPING COMPANY; a.k.a. OPEN JSC NORTHERN SHIPPING COMPANY; a.k.a. "ANSC"; a.k.a. "OJSC NSC"), Nab. Severnoy Dviny, 36, Arkhangelsk 163000, Russia; Tax ID No. 2901008432 (Russia); Identification Number IMO 0555641 [RUSSIA-EO14024].

JOINT STOCK COMPANY NTV BROADCASTING COMPANY (a.k.a. AO TELEKOMPANIYA NTV), ul. Akademika Koroleva d. 12, Moscow 127427, Russia; ul. Argunovskaya d. 5, Moscow 129075, Russia; Organization Established Date 1993; Tax ID No. 7703191457 (Russia); Registration Number 1027739667218 (Russia) [RUSSIA-EO14024].

KONTRAKT OOO, Ul. Avtozavodskaya D. 14, Moscow 115280, Russia; Organization Established Date 07 Sep 2006; Tax ID No. 7725581394 (Russia); Registration Number 5067746473537 (Russia) [RUSSIA-EO14024] (Linked To: JOINT STOCK COMPANY MOSCOW INDUSTRIAL BANK).

LADOGA OOO, Ul. Vyatskaya D. 49, Str. 15, Kom. 10A, Moscow 127015, Russia; Organization Established Date 21 Jun 2016; Organization Type: Short term accommodation activities; Tax ID No. 7743160455; Registration Number 1167746583740 (Russia) [RUSSIA-EO14024] (Linked To: JOINT STOCK COMPANY MOSCOW INDUSTRIAL BANK).

LIMITED LIABILITY COMPANY PROMTEKHNOLOGIYA (Cyrillic: ОБЩЕСТВО С ОГРАНИЧЕННОЙ ОТВЕТСТВЕННОСТЬЮ ПРОМТЕХНОЛОГИЯ) (a.k.a. LLC PROMTEKHNOLOGIYA (Cyrillic: ООО ПРОМТЕХНОЛОГИЯ); a.k.a. OBSHCHESTVO S OGRANICHENNOY OTVETSTVENNOSTYU PROMTEKHNOLOGIYA; a.k.a. OOO PROMTEKHNOLOGIYA; a.k.a. PROMTECHNOLOGIA LLC; a.k.a. "ORSIS"; a.k.a. "PROMTECHNOLOGIES"; a.k.a. "PROMTEHNOLOGYA"), 14 Podyomnaya St., Housing 8, Moscow 109052, Russia; 19 Smirnovskaya St., Moscow, Russia; Ul. Krzhizhanovskogo, D. 29, K. 2, Antresol 1, Pomeschenie IV, Komnata 1, Moscow 117218, Russia; Tax ID No. 7708696860 (Russia); Government Gazette Number 772701001 (Russia); Registration Number 1097746084908 (Russia) [RUSSIA-EO14024].

M LEASING LLC, Baumanskaya Ul., D.7, Str. 1, Of. 301, Moscow 105005, Russia; Tax ID No. 9701173086 (Russia); Identification Number IMO 6246853 [RUSSIA-EO14024].

MARINE TRANS SHIPPING LLC, Office 2, Ulitsa Naberezhnaya Reki Tsareva 1, Astrakhan 414024, Russia; Tax ID No. 3025037914 (Russia); Identification Number IMO 6183435 [RUSSIA-EO14024].

NEKOMMERCHESKAYA ORGANIZATSIYA FOND KHIMICHESKOE RAZORUZHENIE I KONVERSIYA (a.k.a. FOUNDATION CHEMICAL DISARMAMENT & CONVERSION; a.k.a. FOUNDATION CHEMICAL DISARMAMENT AND CONVERSION; a.k.a. NKO FOND KHIMRAZORUZHENIE), Ul. Pravdy D.21, Str.1, Moscow 125865, Russia; Organization Established Date 06 Apr 1998; Tax ID No. 7726275181 (Russia); Registration Number 1037739149491 (Russia) [RUSSIA-EO14024] (Linked To: JOINT STOCK COMPANY MOSCOW INDUSTRIAL BANK).

NORD PROJECT LLC TRANSPORT COMPANY (a.k.a. LLC TC NORD PROJECT; a.k.a. TC NORD PROJECT; a.k.a. TK NORD PROJECT; a.k.a. "LLC NORD PROJECT"; a.k.a. "NORD PROJECT"), Office 410, 47 Uritskogo St, Arkhangelsk 163060, Russia; Office 335H, Liter A, Prospekt Leninskiy 153, St. Petersburg 196247, Russia; Office 308, House 71 Korpus 1, Naberezhnaya Severnoy Dviny, Arkhangelsk 163069, Russia; Tax ID No. 2901201732 (Russia); Identification Number IMO 5825809 [RUSSIA-EO14024].

OBSHCHESTVO S OGRANICHENNOI OTVETSTVENNOSTYU FERTOING (Cyrillic: ОБЩЕСТВО С ОГРАНИЧЕННОЙ ОТВЕТСТВЕННОСТЬЮ ФЕРТОИНГ) (a.k.a. FERTOING LTD; a.k.a. LIMITED LIABILITY COMPANY FERTOING; a.k.a. OOO FERTOING (Cyrillic: ООО ФЕРТОИНГ)), Pulkovskoe Highway, House 40, Apartment 4, Letter A, Office A7060, St. Petersburg 196158, Russia; Shosse Pulkovskoe, Dom 40, Kvartira 4, Litera A, Ofis A7060, Gorod Sankt-Peterburg 196158, Russia; Tax ID No. 7802208912 (Russia); Registration Number 1037804040031 (Russia) [RUSSIA-EO14024].

SC SOUTH LLC (a.k.a. SC-YUG (Cyrillic: СК-ЮГ); a.k.a. SHIPPING COMPANY SOUTH; a.k.a. "SK-YUG"), ul. Lenina, d. 6B, Novorossiysk, Krasnodarskiy kray 353960, Russia; Organization Established Date 30 Jun 2016; Tax ID No. 9705070317 (Russia); Identification Number IMO 5937219 [RUSSIA-EO14024].

TELEVISION STATION RUSSIA-1 (Cyrillic: ТЕЛЕКАНАЛ РОССИЯ-1) (a.k.a. ROSSIJA 1; a.k.a. ROSSIYA-1 (Cyrillic: РОССИЯ-1); a.k.a. RUSSIA-1), 5th Yamskogo Polya street, 19-21, building 1, Begovoy, Moscow, Russia (Cyrillic: Ямского Поля 5-я улица, 19-21, стр. 1, Беговой, Москва, Russia); Organization Established Date 13 May 1991; Target Type Government Entity [RUSSIA-EO14024].

TRANSMORFLOT LLC (a.k.a. TRANSMORFLOT SHIPPING COMPANY), House 18 D Premise 1, Lenina Street, Akhtynskiy District, Republic of Dagestan 368730, Russia; Tax ID No. 3017041900 (Russia); Identification Number IMO 6016988 [RUSSIA-EO14024].

and vessels:

ADLER Roll-on Roll-off 8,811GRT Russia flag; Vessel Registration Identification IMO 9179854 (vessel) [RUSSIA-EO14024] (Linked To: M LEASING LLC). 

AMBAL Roll-on Roll-off 20,729GRT Russia flag; Vessel Registration Identification IMO 8807416 (vessel) [RUSSIA-EO14024] (Linked To: OBORONLOGISTIKA OOO).

ANASTASIIA (f.k.a. VIKTORIA SHAIN) General Cargo 9,611GRT Russia flag; Vessel Registration Identification IMO 9349291 (vessel) [RUSSIA-EO14024] (Linked To: TRANSMORFLOT LLC).

ANGARA Roll-on Roll-off 8,811GRT Russia flag; Vessel Registration Identification IMO 9179842 (vessel) [RUSSIA-EO14024] (Linked To: M LEASING LLC).

ASCALON Roll-on Roll-off 8,821GRT Russia flag; Vessel Registration Identification IMO 9198226 (vessel) [RUSSIA-EO14024] (Linked To: M LEASING LLC).

ASKAR-SARYDZHA General Cargo 4,991GRT Russia flag; Vessel Registration Identification IMO 9082142 (vessel) [RUSSIA-EO14024] (Linked To: TRANSMORFLOT LLC).

BELOMORSKIY Dredger 2,628GRT Russia flag; Vessel Registration Identification IMO 8305781 (vessel) [RUSSIA-EO14024] (Linked To: JOINT STOCK COMPANY NORTHERN SHIPPING COMPANY).

CHIZHOVKA Hopper Barge 745GRT Russia flag; Vessel Registration Identification IMO 8730455 (vessel) [RUSSIA-EO14024] (Linked To: JOINT STOCK COMPANY NORTHERN SHIPPING COMPANY).

DVINSKIY ZALIV Dredger 2,081GRT Russia flag; Vessel Registration Identification IMO 8922486 (vessel) [RUSSIA-EO14024] (Linked To: JOINT STOCK COMPANY NORTHERN SHIPPING COMPANY).

ENISEY Bulk Carrier 27,078GRT Russia flag; Vessel Registration Identification IMO 9079169 (vessel) [RUSSIA-EO14024] (Linked To: NORD PROJECT LLC TRANSPORT COMPANY).

ETIM EMIN General Cargo 1,853GRT Russia flag; Vessel Registration Identification IMO 8700010 (vessel) [RUSSIA-EO14024] (Linked To: TRANSMORFLOT LLC).

GASRET ALIEV General Cargo 4,991GRT Russia flag; Vessel Registration Identification IMO 9083330 (vessel) [RUSSIA-EO14024] (Linked To: TRANSMORFLOT LLC).

GENRIKH GASANOV General Cargo 4,991GRT Russia flag; Vessel Registration Identification IMO 9083196 (vessel) [RUSSIA-EO14024] (Linked To: TRANSMORFLOT LLC).

INZHENER TRUBIN General Cargo 6,418GRT Russia flag; Vessel Registration Identification IMO 8502080 (vessel) [RUSSIA-EO14024] (Linked To: JOINT STOCK COMPANY NORTHERN SHIPPING COMPANY).

INZHENER VESHNYAKOV General Cargo 6,418GRT Russia flag; Vessel Registration Identification IMO 8502107 (vessel) [RUSSIA-EO14024] (Linked To: JOINT STOCK COMPANY NORTHERN SHIPPING COMPANY).

IOHANN MAHMASTAL General Cargo 6,395GRT Russia flag; Vessel Registration Identification IMO 8603406 (vessel) [RUSSIA-EO14024] (Linked To: JOINT STOCK COMPANY NORTHERN SHIPPING COMPANY).

KAPITAN KOKOVIN General Cargo 2,474GRT Russia flag; Vessel Registration Identification IMO 9279422 (vessel) [RUSSIA-EO14024] (Linked To: JOINT STOCK COMPANY NORTHERN SHIPPING COMPANY).

KAPITAN RYNTSYN General Cargo 2,601GRT Russia flag; Vessel Registration Identification IMO 8618073 (vessel) [RUSSIA-EO14024] (Linked To: JOINT STOCK COMPANY NORTHERN SHIPPING COMPANY).

KAPITAN SAKHAROV General Cargo 2,474GRT Russia flag; Vessel Registration Identification IMO 9279434 (vessel) [RUSSIA-EO14024] (Linked To: JOINT STOCK COMPANY NORTHERN SHIPPING COMPANY).

KHOLMOGORY General Cargo 2,986GRT Russia flag; Vessel Registration Identification IMO 9109081 (vessel) [RUSSIA-EO14024] (Linked To: JOINT STOCK COMPANY NORTHERN SHIPPING COMPANY).

KOMPOZITOR GASANOV Roll-on Roll-off 6,894GRT Russia flag; Vessel Registration Identification IMO 8606628 (vessel) [RUSSIA-EO14024] (Linked To: TRANSMORFLOT LLC).

LADY D (f.k.a. MALIY B.S.) General Cargo 9,611GRT Russia flag; Vessel Registration Identification IMO 9349289 (vessel) [RUSSIA-EO14024] (Linked To: TRANSMORFLOT LLC).

LADY MARIIA (f.k.a. STELLA-MARIA) Roll-on Roll-off 8,831GRT Russia flag; Vessel Registration Identification IMO 9220641 (vessel) [RUSSIA-EO14024] (Linked To: TRANSMORFLOT LLC).

LADY R Roll-on Roll-off 7,260GRT Russia flag; Vessel Registration Identification IMO 9161003 (vessel) [RUSSIA-EO14024] (Linked To: TRANSMORFLOT LLC).

LAPOMINKA Hopper Barge 643GRT Russia flag; Vessel Registration Identification IMO 8928143 (vessel) [RUSSIA-EO14024] (Linked To: JOINT STOCK COMPANY NORTHERN SHIPPING COMPANY).

MAIA-1 (f.k.a. NEPTUN) General Cargo 9,611GRT Russia flag; Vessel Registration Identification IMO 9358010 (vessel) [RUSSIA-EO14024] (Linked To: TRANSMORFLOT LLC).

MARIA E (a.k.a. "MARIA") Roll-on Roll-off 3,069GRT Togo flag; Other Vessel Type Passenger; Vessel Registration Identification IMO 9617923 (vessel) [RUSSIA-EO14024] (Linked To: OBORONLOGISTIKA OOO).

MEKHANIK BRILIN General Cargo 2,489GRT Russia flag; Vessel Registration Identification IMO 8904408 (vessel) [RUSSIA-EO14024] (Linked To: JOINT STOCK COMPANY NORTHERN SHIPPING COMPANY).

MEKHANIK KOTTSOV General Cargo 2,489GRT Russia flag; Vessel Registration Identification IMO 8904410 (vessel) [RUSSIA-EO14024] (Linked To: JOINT STOCK COMPANY NORTHERN SHIPPING COMPANY).

MEKHANIK KRASKOVSKIY General Cargo 2,489GRT Russia flag; Vessel Registration Identification IMO 8904458 (vessel) [RUSSIA-EO14024] (Linked To: JOINT STOCK COMPANY NORTHERN SHIPPING COMPANY).

MEKHANIK MAKARIN General Cargo 3,178GRT Russia flag; Vessel Registration Identification IMO 8904379 (vessel) [RUSSIA-EO14024] (Linked To: JOINT STOCK COMPANY NORTHERN SHIPPING COMPANY).

MEKHANIK PUSTOSHNYY General Cargo 2,489GRT Russia flag; Vessel Registration Identification IMO 8904422 (vessel) [RUSSIA-EO14024] (Linked To: JOINT STOCK COMPANY NORTHERN SHIPPING COMPANY).

MEKHANIK PYATLIN General Cargo 2,489GRT Russia flag; Vessel Registration Identification IMO 8904434 (vessel) [RUSSIA-EO14024] (Linked To: JOINT STOCK COMPANY NORTHERN SHIPPING COMPANY).

MEKHANIK YARTSEV General Cargo 2,489GRT Russia flag; Vessel Registration Identification IMO 8904367 (vessel) [RUSSIA-EO14024] (Linked To: JOINT STOCK COMPANY NORTHERN SHIPPING COMPANY).

MIKHAIL LOMONOSOV General Cargo 2,990GRT Russia flag; Vessel Registration Identification IMO 9216482 (vessel) [RUSSIA-EO14024] (Linked To: JOINT STOCK COMPANY NORTHERN SHIPPING COMPANY).

NP DIKSON Chemical/Oil Tanker 15,980GRT Russia flag; Vessel Registration Identification IMO 9255270 (vessel) [RUSSIA-EO14024] (Linked To: NORD PROJECT LLC TRANSPORT COMPANY).

NP DUDINKA Chemical/Oil Tanker 14,400GRT Russia flag; Vessel Registration Identification IMO 9183831 (vessel) [RUSSIA-EO14024] (Linked To: NORD PROJECT LLC TRANSPORT COMPANY).

OLGA General Cargo 1,853GRT Russia flag; Vessel Registration Identification IMO 8700046 (vessel) [RUSSIA-EO14024] (Linked To: TRANSMORFLOT LLC).

PIZHMA General Cargo 3,466GRT Russia flag; Vessel Registration Identification IMO 8814354 (vessel) [RUSSIA-EO14024] (Linked To: SC SOUTH LLC).

POLAR ROCK Crude Oil Tanker 56,924GRT Russia flag; Vessel Registration Identification IMO 9116632 (vessel) [RUSSIA-EO14024] (Linked To: MARINE TRANS SHIPPING LLC).

PORT OLYA-1 General Cargo 4,878GRT Russia flag; Vessel Registration Identification IMO 9481922 (vessel) [RUSSIA-EO14024] (Linked To: TRANSMORFLOT LLC).

PORT OLYA-2 General Cargo 4,878GRT Russia flag; Vessel Registration Identification IMO 9481881 (vessel) [RUSSIA-EO14024] (Linked To: TRANSMORFLOT LLC).

RASUL GAMZATOV General Cargo 4,991GRT Russia flag; Vessel Registration Identification IMO 8861058 (vessel) [RUSSIA-EO14024] (Linked To: TRANSMORFLOT LLC).

RZK CONSTANTA General Cargo 7,095GRT Russia flag; Vessel Registration Identification IMO 8711289 (vessel) [RUSSIA-EO14024] (Linked To: NORD PROJECT LLC TRANSPORT COMPANY).

S. KUZNETSOV General Cargo 6,204GRT Russia flag; Vessel Registration Identification IMO 9210359 (vessel) [RUSSIA-EO14024] (Linked To: JOINT STOCK COMPANY NORTHERN SHIPPING COMPANY).

SABETTA General Cargo 12,936GRT Russia flag; Vessel Registration Identification IMO 9347061 (vessel) [RUSSIA-EO14024] (Linked To: NORD PROJECT LLC TRANSPORT COMPANY).

SEVERNIY PROECT General Cargo 13,066GRT Russia flag; Vessel Registration Identification IMO 9202053 (vessel) [RUSSIA-EO14024] (Linked To: NORD PROJECT LLC TRANSPORT COMPANY).

SIBERIA Bulk Carrier 17,665GRT Russia flag; Vessel Registration Identification IMO 9239458 (vessel) [RUSSIA-EO14024] (Linked To: NORD PROJECT LLC TRANSPORT COMPANY).

SIYANIE SEVERA General Cargo 6,577GRT Russia flag; Vessel Registration Identification IMO 9250385 (vessel) [RUSSIA-EO14024] (Linked To: JOINT STOCK COMPANY NORTHERN SHIPPING COMPANY).

SMP ARKHANGELSK General Cargo 7,752GRT Russia flag; Vessel Registration Identification IMO 9240550 (vessel) [RUSSIA-EO14024] (Linked To: JOINT STOCK COMPANY NORTHERN SHIPPING COMPANY).

SMP NOVODVINSK General Cargo 4,106GRT Russia flag; Vessel Registration Identification IMO 9398046 (vessel) [RUSSIA-EO14024] (Linked To: JOINT STOCK COMPANY NORTHERN SHIPPING COMPANY).

SMP SEVERODVINSK General Cargo 4,106GRT Russia flag; Vessel Registration Identification IMO 9376440 (vessel) [RUSSIA-EO14024] (Linked To: JOINT STOCK COMPANY NORTHERN SHIPPING COMPANY).

SONA General Cargo 1,853GRT Russia flag; Vessel Registration Identification IMO 8700060 (vessel) [RUSSIA-EO14024] (Linked To: TRANSMORFLOT LLC).

SPARTA II Roll-on Roll-off 7,260GRT Russia flag; Vessel Registration Identification IMO 9160994 (vessel) [RUSSIA-EO14024] (Linked To: OBORONLOGISTIKA OOO).

SPARTA III (a.k.a. URSA MAJOR) General Cargo 12,679GRT Russia flag; Vessel Registration Identification IMO 9538892 (vessel) [RUSSIA-EO14024] (Linked To: SC SOUTH LLC).

SPARTA IV General Cargo 7,522GRT Russia flag; Vessel Registration Identification IMO 9743033 (vessel) [RUSSIA-EO14024] (Linked To: SC SOUTH LLC).

SPARTA Roll-on Roll-off 8,831GRT Russia flag; Vessel Registration Identification IMO 9268710 (vessel) [RUSSIA-EO14024] (Linked To: SC SOUTH LLC).

TAIBOLA General Cargo 8,448GRT Russia flag; Vessel Registration Identification IMO 9086253 (vessel) [RUSSIA-EO14024] (Linked To: NORD PROJECT LLC TRANSPORT COMPANY).

TAIMYR General Cargo 7,949GRT Russia flag; Vessel Registration Identification IMO 8821797 (vessel) [RUSSIA-EO14024] (Linked To: NORD PROJECT LLC TRANSPORT COMPANY).

TAMBEY General Cargo 7,949GRT Russia flag; Vessel Registration Identification IMO 9014872 (vessel) [RUSSIA-EO14024] (Linked To: NORD PROJECT LLC TRANSPORT COMPANY).

TERIBERKA General Cargo 8,448GRT Russia flag; Vessel Registration Identification IMO 9081291; MMSI 273211090 (vessel) [RUSSIA-EO14024] (Linked To: NORD PROJECT LLC TRANSPORT COMPANY).

TERIBERKA Hopper Barge 643GRT Russia flag; Vessel Registration Identification IMO 8931748; MMSI 273913200 (vessel) [RUSSIA-EO14024] (Linked To: JOINT STOCK COMPANY NORTHERN SHIPPING COMPANY).

TERSKIY BEREG General Cargo 8,448GRT Russia flag; Vessel Registration Identification IMO 9081368 (vessel) [RUSSIA-EO14024] (Linked To: NORD PROJECT LLC TRANSPORT COMPANY).

TIKSY General Cargo 7,949GRT Russia flag; Vessel Registration Identification IMO 8821802 (vessel) [RUSSIA-EO14024] (Linked To: NORD PROJECT LLC TRANSPORT COMPANY).

TRITON Tug 161GRT Russia flag; Vessel Registration Identification IMO 7236141 (vessel) [RUSSIA-EO14024] (Linked To: JOINT STOCK COMPANY NORTHERN SHIPPING COMPANY).

TURUKHAN General Cargo 8,448GRT Russia flag; Vessel Registration Identification IMO 9081332 (vessel) [RUSSIA-EO14024] (Linked To: NORD PROJECT LLC TRANSPORT COMPANY).

UTRENNIY General Cargo 12,936GRT Russia flag; Vessel Registration Identification IMO 9347059 (vessel) [RUSSIA-EO14024] (Linked To: NORD PROJECT LLC TRANSPORT COMPANY).

VALENTIN EMIROV General Cargo 4,110GRT Russia flag; Vessel Registration Identification IMO 8866591 (vessel) [RUSSIA-EO14024] (Linked To: TRANSMORFLOT LLC).

VIKTOR ZABELIN General Cargo 6,204GRT Russia flag; Vessel Registration Identification IMO 9210256 (vessel) [RUSSIA-EO14024] (Linked To: JOINT STOCK COMPANY NORTHERN SHIPPING COMPANY).

to its Russian Harmful Foreign Activities sanctions program. Additionally, the following existing listings were updated:

AFONIN, Yuriy Vyacheslavovich (Cyrillic: АФОНИН, Юрий Вячеславович) (a.k.a. AFONIN, Yuri Vyacheslavovich; a.k.a. AFONIN, Yuri Vyacheslavovich; a.k.a. AFONIN, Yury Vyacheslavovich), Russia; DOB 22 Mar 1977; POB Tula, Russia; nationality Russia; Gender Male; Member of the State Duma of the Federal Assembly of the Russian Federation (individual) [RUSSIA-EO14024]. -to- AFONIN, Yuriy Vyacheslavovich (Cyrillic: АФОНИН, Юрий Вячеславович) (a.k.a. AFONIN, Yuri Vyacheslavovich; a.k.a. AFONIN, Yury Vyacheslavovich), Russia; DOB 22 Mar 1977; POB Tula, Russia; nationality Russia; Gender Male; Member of the State Duma of the Federal Assembly of the Russian Federation (individual) [RUSSIA-EO14024]. 

AKIMOV, Andrey Igorevich, Russia; DOB 1953; POB Leningrad, Russia; Gender Male; Secondary sanctions risk: Ukraine-/Russia-Related Sanctions Regulations, 31 CFR 589.201 and/or 589.209; Chairman of the Management Board of Gazprombank (individual) [UKRAINE-EO13661]. -to- AKIMOV, Andrey Igorevich (a.k.a. AKIMOV, Andrei Igorevich), Russia; DOB 22 Sep 1953; POB Leningrad, Russia; Gender Male; Secondary sanctions risk: Ukraine-/Russia-Related Sanctions Regulations, 31 CFR 589.201 and/or 589.209; Tax ID No. 772140862280 (Russia); Chairman of the Management Board of Gazprombank (individual) [UKRAINE-EO13661] [RUSSIA-EO14024].

JOINT STOCK COMPANY SEVERNIY PRESS (a.k.a. AO SEVERNYI PRESS; a.k.a. JSC SEVERNY PRESS; a.k.a. SEVERNY PRESS AO), Ul. Tallinskaya . 7, Saint Petersburg 195196, Russia; Organization Established Date 24 Feb 1992; Tax ID No. 6444009038 (Russia); Registration Number 1146444000010 (Russia) [RUSSIA-EO14024] (Linked To: JOINT STOCK COMPANY CONCERN GRANIT-ELECTRON). -to- JOINT STOCK COMPANY SEVERNIY PRESS (a.k.a. AO SEVERNYI PRESS; a.k.a. JSC SEVERNY PRESS; a.k.a. SEVERNY PRESS AO), Ul. Tallinskaya D. 7, Saint Petersburg 195196, Russia; Organization Established Date 24 Feb 1992; Tax ID No. 6444009038 (Russia); Registration Number 1146444000010 (Russia) [RUSSIA-EO14024] (Linked To: JOINT STOCK COMPANY CONCERN GRANIT-ELECTRON).

MILLER, Alexey Borisovich, Moscow, Russia; DOB 31 Jan 1962; POB Saint-Petersburg, Russian Federation; Gender Male; Secondary sanctions risk: Ukraine-/Russia-Related Sanctions Regulations, 31 CFR 589.201 and/or 589.209 (individual) [UKRAINE-EO13661]. -to- MILLER, Alexey Borisovich (a.k.a. MILLER, Alexei Borisovich), Moscow, Russia; DOB 31 Jan 1962; POB Saint-Petersburg, Russian Federation; Gender Male; Secondary sanctions risk: Ukraine-/Russia-Related Sanctions Regulations, 31 CFR 589.201 and/or 589.209 (individual) [UKRAINE-EO13661] [RUSSIA-EO14024].

OBORONLOGISTIKA, OOO (a.k.a. OBORONLOGISTICS LIMITED LIABILITY COMPANY; a.k.a. OBORONLOGISTICS LLC; a.k.a. OBORONLOGISTIKA LLC; a.k.a. OBSHCHESTVO S OGRANICHENNOI OTVETSTVENNOSTYU 'OBORONLOGISTIKA'), d. 18 str. 3 prospekt Komsomolski, Moscow 119021, Russia; ul. Goncharnaya, house 28, building 2, Moscow 115172, Russia; Website Oboronlogistika.ru; Email Address v.boyko@oboronservice.ru; alt. Email Address Info@oboronlogistika.ru; Secondary sanctions risk: Ukraine-/Russia-Related Sanctions Regulations, 31 CFR 589.201 and/or 589.209; Registration ID 1117746641572 (Russia); Tax ID No. 7718857267 (Russia); Government Gazette Number 30167631 (Russia) [UKRAINE-EO13685]. -to- OBORONLOGISTIKA OOO (a.k.a. OBORONLOGISTICS LIMITED LIABILITY COMPANY; a.k.a. OBORONLOGISTICS LLC; a.k.a. OBORONLOGISTIKA LLC; a.k.a. OBSHCHESTVO S OGRANICHENNOI OTVETSTVENNOSTYU OBORONLOGISTIKA), D. 18 Str. 3 Prospekt Komsomolski, Moscow 119021, Russia; Ul. Goncharnaya, House 28, Building 2, Moscow 115172, Russia; Secondary sanctions risk: Ukraine-/Russia-Related Sanctions Regulations, 31 CFR 589.201 and/or 589.209; Organization Established Date 18 Aug 2011; Registration ID 1117746641572 (Russia); Tax ID No. 7718857267 (Russia); Government Gazette Number 30167631 (Russia) [UKRAINE-EO13685] [RUSSIA-EO14024].

It issued two Determinations – the one under Executive Order (E.O.) 14024 adds accounting, trust and corporate formations services and management consulting sectors of the Russian economy which may be the targets of sanctions designations, and the one under E.O. 14071 prohibits the provision of these services to any party located in Russia (other than for wind down activities, or for services to entities owned or controlled by U.S. persons).

And it updated General License (GL) 25 to exclude transactions with JSC Channel One, JSC NTV Broadcasting or Television Station Russia-1. And it issued 3 new GLs – 33 (wind down with the these 3 broadcast entities), 34 (wind down of the new services prohibitions), and 35 (permitting credit rating and auditing services).

And, there are new Frequently Asked Questions (FAQs):

1040. Are transactions related to telecommunications and certain internet-based communications that involve Joint Stock Company Channel One Russia, Television Station Russia-1, or Joint Stock Company NTV Broadcasting Company authorized by Russia-related General License (GL) 25A?

No. GL 25A  authorizes certain transactions ordinarily incident and necessary to the receipt or transmission of telecommunications involving the Russian Federation that are prohibited by the Russian Harmful Foreign Activities Sanctions Regulations, 31 CFR part 587 (RuHSR).  In addition, GL 25A authorizes certain transactions from the United States or by U.S. persons, wherever located, to the Russian Federation that are incident to the exchange of communications over the internet and that are prohibited by the RuHSR.  However, GL 25A explicitly excludes from the authorization any transactions involving Joint Stock Company Channel One Russia, Television Station Russia-1, and Joint Stock Company NTV Broadcasting Company. 

On May 8, 2022, OFAC designated Joint Stock Company Channel One Russia, Television Station Russia-1, and Joint Stock Company NTV Broadcasting Company pursuant to Executive Order 14024 for being owned or controlled by, or for having acted or purported to act for or on behalf of, directly or indirectly, the Government of the Russian Federation.  Simultaneously, OFAC issued GL 25A, which explicitly excludes transactions with these entities from the authorization in GL 25A.  For further information on relevant authorizations, exemptions, and public guidance, please review OFAC’s Fact Sheets, “Preserving Agricultural Trade, Access to Communication, and Other Support to Those Impacted by Russia’s War Against Ukraine.” 

Released on 05/08/2022

Russian Harmful Foreign Activities Sanctions

1039. Are transactions ordinarily incident and necessary to the exportation or reexportation of agricultural commodities to, from, or transiting the Russian Federation that involve Agropromyshlennyi Kompleks Voronezhskii OOO, Anninskii Elevator OOO, and Azovskaya Zernovaya Kompaniya OOO authorized under OFAC sanctions?

Yes.  On May 8, 2022, OFAC designated Agropromyshlennyi Kompleks Voronezhskii OOO, Anninskii Elevator OOO, and Azovskaya Zernovaya Kompaniya OOO pursuant to Executive Order (E.O.) 14024 for being owned or controlled by, or for having acted or purported to act for or on behalf of, directly or indirectly, Joint Stock Company Moscow Industrial Bank (MIB), which was also designated on May 8, 2022 pursuant to E.O. 14024 for operating or having operated in the financial services sector of the Russian Federation economy.  Russia-related General License (GL) 6A authorizes, among other activities, certain transactions prohibited by the Russian Harmful Foreign Activities Sanctions Regulations, 31 CFR part 587 (RuHSR), that are ordinarily incident and necessary to the exportation or reexportation of agricultural commodities to, from, or transiting the Russian Federation.  For additional information, please see the text of GL 6A.

Released on 05/08/2022

Russian Harmful Foreign Activities Sanctions

1038. For the purposes of the determination  of May 8, 2022 made pursuant to Executive Order (E.O.) 14024, what is meant by the terms “accounting,” “trust and corporate formation services,” and “management consulting” sectors of the Russian Federation economy?

For the purposes of the determination of May 8, 2022 made pursuant to E.O. 14024, OFAC interprets the following terms to include activities related to products and services in or involving the Russian Federation in the following:

  • “Accounting sector” – includes the measurement, processing, and transfer of financial data about economic entities.
  • “Trust and corporate formation services sector” – includes assisting persons in forming or structuring legal persons, such as trusts and corporations; acting or arranging for another person to act as directors, secretaries, administrative trustees, trust fiduciaries, registered agents, or nominee shareholders of legal persons; providing a registered office, business address, correspondence address, or administrative address for legal persons; and providing administrative services for trusts.
  • “Management consulting sector” – includes strategic advice; organizational and systems planning, evaluation, and selection; marketing objectives and policies; mergers, acquisitions, and organizational structure; staff augmentation and human resources policies and practices; and brand management.

The determination regarding these sectors pursuant to E.O. 14024 takes effect immediately.

Released on 05/08/2022

Russian Harmful Foreign Activities Sanctions

1037. Does the determination of May 8, 2022 made pursuant to Executive Order (E.O.) 14024 with regard to the accounting, trust and corporate formation services, and management consulting sectors of the Russian Federation economy mean that all persons that operate or have operated in these sectors of the Russian Federation economy are sanctioned by OFAC? 

No.  The Director of OFAC, in consultation with the State Department, has issued a determination pursuant to E.O. 14024 that authorizes the imposition of economic sanctions against persons that operate or have operated in the accounting, trust and corporate formation services, or management consulting sectors of the Russian Federation economy.  

A sector determination pursuant to E.O. 14024 exposes persons that operate or have operated in an identified sector to sanctions risk; however, a sector determination does not automatically impose sanctions on all persons who operate or have operated in the sector.  Only persons determined, pursuant to E.O. 14024, by the Secretary of the Treasury in consultation with the Secretary of State, or by the Secretary of State, in consultation with the Secretary of the Treasury, or their delegates, to operate or have operated in the above-identified sectors are subject to sanctions.

Persons sanctioned pursuant to E.O. 14024 for operating or having operated in an identified sector are added to one or more OFAC sanctions lists based on the type of sanction, including the Specially Designated Nationals and Blocked Persons List (SDN List), the List of Foreign Financial Institutions Subject to Correspondent Account or Payable-Through Account Sanctions (CAPTA List), and the Non-SDN Menu-Based Sanctions List (NS-MBS List).

Released on 05/08/2022

Russian Harmful Foreign Activities Sanctions

1036. When do the prohibitions imposed by the determination of May 8, 2022 made pursuant to Executive Order (E.O.) 14071, “Prohibitions Related to Certain Accounting, Trust and Corporate Formation, and Management Consulting Services,” take effect?  

The prohibitions imposed by the determination of May 8, 2022 made pursuant E.O. 14071take effect at 12:01 a.m. eastern daylight time June 7, 2022.

In addition, OFAC has issued General License 34 to authorize all transactions ordinarily incident and necessary to the wind down of the exportation, reexportation, sale, or supply, directly or indirectly, from the United States, or by a United States person, wherever located, of accounting, trust and corporate formation, and management consulting services to any person located in the Russian Federation, through 12:01 a.m. eastern daylight time, July 7, 2022.

Released on 05/08/2022

Russian Harmful Foreign Activities Sanctions

1035. For the purposes of Russia-related General License 35 what is meant by the terms “credit rating services” and “auditing services?”

The term “credit rating services” means services related to assessments of a borrower’s ability to meet financial commitments, including analysis of general creditworthiness or with respect to a specific debt or financial obligation.

The term “auditing services” means examination or inspection of business records by an auditor, including checking and verifying accounts, statements, or other representation of the financial position or regulatory compliance of the auditee. 

Released on 05/08/2022

Russian Harmful Foreign Activities Sanctions

1034. For the purposes of the determination of May 8, 2022 made pursuant to Executive Order (E.O.) 14071, “Prohibitions Related to Certain Accounting, Trust and Corporate Formation, and Management Consulting Services,” what is meant by the terms “accounting,” “trust and corporate formation,” and “management consulting” services?

For the purposes of the determination of May 8, 2022 made pursuant to E.O. 14071, OFAC anticipates publishing regulations defining these terms to include the following:

  • “Accounting services” – includes services related to the measurement, processing, and transfer of financial data about economic entities.  Please note that OFAC has issued General License 35 to authorize certain transactions ordinarily incident and necessary to the exportation, reexportation, sale, or supply, directly or indirectly, from the United States, or by a United States person, wherever located, of credit rating or auditing services to any person located in the Russian Federation through 12:01 a.m. eastern daylight time, August 20, 2022.  See FAQ 1035.
  • “Trust and corporate formation services” – includes services related to assisting persons in forming or structuring legal persons, such as trusts and corporations; acting or arranging for other persons to act as directors, secretaries, administrative trustees, trust fiduciaries, registered agents, or nominee shareholders of legal persons; providing a registered office, business address, correspondence address, or administrative address for legal persons; and providing administrative services for trusts.  Please note that all of these activities are common activities of trust and corporate service providers (TCSPs), although they may be provided by other persons.
  • “Management consulting services” – includes services related to strategic advice; organizational and systems planning, evaluation, and selection; marketing objectives and policies; mergers, acquisitions, and organizational structure; staff augmentation and human resources policies and practices; and brand management.

This determination excludes from the scope of the aforementioned services:  (1) any service to an entity located in the Russian Federation that is owned or controlled, directly or indirectly, by a United States person; and (2) any service in connection with the wind down or divestiture of an entity located in the Russian Federation that is not owned or controlled, directly or indirectly, by a Russian person.

For the purposes of the determination of May 8, 2022 made pursuant to E.O. 14071, OFAC anticipates publishing regulations defining the term “Russian person” to mean an individual who is a citizen or national of the Russian Federation, or an entity organized under the laws of the Russian Federation.

Released on 05/08/2022

Russian Harmful Foreign Activities Sanctions

1033. What actions were taken on May 8, 2022 related to certain accounting, trust and corporate formation, and management consulting services?

On May 8, 2022, the Director of OFAC, in consultation with the Department of State, issued a determination pursuant to Executive Order (E.O.) 14071, “Prohibitions Related to Certain Accounting, Trust and Corporate Formation, and Management Consulting Services,” prohibiting U.S. persons from providing, directly or indirectly, certain accounting, trust and corporate formation, and management consulting services to any person located in the Russian Federation.  This determination takes effect June 7, 2022.  For more information, please see FAQ 1034.

On May 8, 2022, the Director of OFAC, in consultation with the Department of State, also issued a sectoral determination pursuant to E.O. 14024 that authorizes the imposition of economic sanctions on individuals and entities that operate or have operated in the accounting, trust and corporate formation services, or management consulting sectors of the Russian Federation economy.  This determination takes effect on May 8, 2022.  For further information, please see FAQ 1037.  

Released on 05/08/2022

There are press releases, too – but I’ll publish those separately.

Links:

OFAC Notice

New General Licenses – 33, 34, 35

General License 25A

Determinations – E.O. 14024, E.O. 14071

New FAQs

Categories: Frequently Asked Questions (FAQ) Guidance Licenses OFAC Updates Russian Harmful Foreign Activities Sanctions Sanctions Lists

eric9to5

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: