On April 15, 2021, U.S. President Joseph Biden signed an executive order (the “Executive Order”) that establishes a new authority for imposition of additional sanctions targeting the Russian Federation in response to Russia’s “continued and growing malign behavior.” The Executive Order calls for the designation of any person determined by the U.S. Secretary of the Treasury, in consultation with the U.S. Secretary of State (and in certain cases, the U.S. Attorney General).
Please click here to read the full client alert: U.S. Announces Expanded Sanctions Targeting Russia.
