Does Ukraine have sanctions?
Executive Order 13660 , signed on March 6, 2014, authorizes sanctions on individuals and entities responsible for violating the sovereignty and territorial integrity of Ukraine, or for stealing the assets of the Ukrainian people.
What is 1ac directive?
The prohibitions of Directive 1 apply to all transactions involving new debt of specified tenors (see FAQ 370) or new equity; all financing in support of such new debt or new equity; and any dealing in, including provision of services in support of, such new debt or new equity.
What does OFAC stand for?
Office of Foreign Assets Control
The Office of Foreign Assets Control (“OFAC”) of the US Department of the Treasury administers and enforces economic and trade sanctions based on US foreign policy and national security goals against targeted foreign countries and regimes, terrorists, international narcotics traffickers, those engaged in activities …
What is sectoral sanctions identifications SSI list?
OFAC publishes a list of Sectoral Sanctions Identifications (SSI), which lists persons, companies, and entities in sectors of the Russian economy (especially energy, finance, and armaments), prohibiting certain types of activity with these individuals or entities by United States persons, wherever located.
Which are the sanctioned countries?
The Bureau of Industry and Security (BIS) implements U.S. Government certain sanctions against Cuba, Iran, North Korea, and Syria pursuant to the Export Administration Regulations (EAR), either unilaterally or to implement United Nations Security Council Resolutions.
Does 50% rule apply to SSI?
Thus, any entity that is owned 50 percent or more (directly or indirectly) in the aggregate by one or more persons on the SSI List is also subject to SSI restrictions.
What are the 3 categories of sanctions?
Types
- Reasons for sanctioning. Sanctions formulations are designed into three categories.
- Diplomatic sanctions.
- Economic sanctions.
- Military sanctions.
- Sport sanctions.
- Sanctions on individuals.
- Sanctions on the environment.
- Support for use.
What is the Ukraine-/Russia-related sanctions program?
The Ukraine-/Russia-related Sanctions program represents the implementation of multiple legal authorities. Some of these authorities are in the form of an executive order issued by the President. Other authorities are public laws (statutes) passed by The Congress.
What is the United States’ policy on Ukraine?
The United States is prepared to take additional steps to impose further political and economic costs. A secure Ukraine, integrated with Europe and enjoying good relations with all its neighbors, is in the interests of the United States, Europe, and Russia.
What is a secure Ukraine?
A secure Ukraine, integrated with Europe and enjoying good relations with all its neighbors, is in the interests of the United States, Europe, and Russia.
What is general license number 3 in Ukraine?
Ukraine General License Number 3 – Authorizing Transactions Involving Certain Entities Otherwise Prohibited by Directive 1 under Executive Order 13662 (October 6, 2014) Ukraine General License Number 4 – Authorizing the Exportation or Reexportation of Agricultural Commodities, Medicine, Medical Supplies, and Replacement Parts (December 19, 2014)