On September 12, 2014, the United States issued another round of targeted sanctions against the Russian financial, defense, and energy sectors. Today’s measures were a combination of new measures and modifications of prior measures issued pursuant to Executive Order 13662 (EO 13662), including:
- Financial Services Sector – Directive 1 has been modified to further restrict prohibited “new debt” with a maturity exceeding 30 days.
- Defense Sector – New Directive 3 prohibits “new debt” with a maturity exceeding 30 days issued by listed defense companies.
By
Cristina Brayton-Lewis, Richard Burke, Claire DeLelle, Nicole Erb, Genevra Forwood, Tanya Hanna, James R.M. Killick, Sara Nordin, Charlotte Van Haute, Fabienne Vermeeren, Kristina Zissis| White & Case LLPon September 17, 2014 at 4:00 PM
