On March 15, 2019, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated six Russian individuals and eight entities in response to “Russia’s naval attacks in the Kerch Straight, purported annexation of Crimea, and support for the illegitimate separatist-conducted elections in eastern Ukraine,” explained Treasury Secretary Steven T. Mnuchin. Designated individuals include the Deputy Director of the Border Guard Service of Russia’s Federal Security Service; the Head of the Border Directorate of Russia’s Federal Security Service; and the Deputy Head of the Border Directorate and Head of the Coast Guard Unit of Russia’s Federal Security Service.
Any property or interest in property of the individuals and entities designated by OFAC within or transiting U.S. jurisdiction is blocked. Additionally, U.S. persons are prohibited from engaging in transactions with these individuals and entities or with entities in which they have, directly or indirectly, 50% or greater ownership interest.
