Russia Sanctions Now: What Changed & What To Do

Explore the intricate and ever-evolving landscape of "Russia Sanctions Now: What Changed & What To Do" in this essential course. Delve into the significant shifts in U.S.-Russia sanctions policy, understanding their profound implications for financial flows and strategic business operations. This course equips you with the knowledge to navigate the complexities introduced by recent executive orders and enforcement trends.

• OFAC’s authority to hit foreign financial institutions (FFIs) that support Russia’s war economy — via EO 14114’s amendments to EO 14024 — is the defining compliance risk of 2024–2025.
• Licensing remains fluid.
• Energy and shipping remain prime targets — the January 10, 2025, package hit major oil firms, Sovcomflot’s fleet, and facilitators across insurers, traders, and logistics.
• Case-by-case relief exists (e.g., NIS waiver for Serbia to October 8, 2025).

What’s new?

• GL 13O renewed (September 29, 2025) + FAQ 999 and 1118 tweaks → Operations/legal should reconfirm what your bank labels as permissible “administrative transactions” with Directive 4–blocked banks.
• Continuing Russia designations (e.g., September 11, 2025, tranche) targeting individuals, entities, and vessels — keep screening logic updated to catch vessel renamings, IMO changes, and affiliates.
• EU track (context for multinationals): The proposed 19th EU package contemplates phasing out Russian LNG by 2027 and increasing pressure on third-country trade and crypto facilitators — important for group-wide policies and EU-touching transactions.

By understanding these pivotal changes and implementing proactive measures, you can protect your business from potential penalties and maintain a competitive edge in a constantly shifting regulatory environment. Learn how to identify red flags, conduct thorough due diligence, and adapt your operations to comply with the latest sanctions regime.