The new sanctions fall within the framework of existing US sanctions against Russia, but have expanded their application by classifying new, prominent individuals and companies as “Specially Designated Nationals.”
OFAC
New Russia Sanctions: Key Takeaways
By Giovanna Cinelli, Margaret Gatti & Kenneth Nunnenkamp | Morgan LewisSign up and get Breaking Energy news in your inbox.
We will never sell or share your information without your consent. See our privacy policy.ExxonMobil Fined $2 Million For Ukraine/Russia Sanctions Violations
By MICHAEL COURT, LARA COVINGTON, JONATHAN EPSTEIN, RONALD OLEYNIK, LISA PRAGER | HOLLAND & KNIGHT LLP
On July 20, 2017, the U.S. Department of the Treasury’s Office of Foreign Assets Control announced a $2 million civil monetary penalty against Exxon Mobil Corp.
U.S. Penalizes Exxon For Violating U.S. Sanctions On Russia, May Have Complicated How U.S. Companies Do Business In Russia
By THAD MCBRIDE, CHERYL PALMERI | BASS, BERRY & SIMS PLC
On July 20, 2017, the U.S. Treasury Department Office of Foreign Assets Control announced that ExxonMobil must pay a $2 million penalty for violating U.S. sanctions on Russia.
