The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) is to cut access to services that are used by the Russian Federation Russian elites to evade sanctions from 7 June 2022.
It has also identified accounting, trust and corporate formation, and management consulting as categories of services that are subject to prohibition on the export, reexport, sale, or supply from the US to any person in the Russian Federation.
The OFAC has also determined that the...