For purposes of section 10(a)(2)(A) of SSIDES and § 589.201(a)(6)(vii)(B)(1) of the URSR, OFAC will interpret the phrase “subject to sanctions imposed by the United States with respect to the Russian Federation” to be persons subject to sanctions under SSIDES, as amended, the Ukraine Freedom Support Act (UFSA), as amended, provisions of CAATSA with respect to the Russian Federation, and any covered Executive order as defined in § 589.305 and section 10(f)(1) of SSIDES. Section 10(f)(1) of SSIDES and § 589.305 define the term “covered executive order” to mean any of the following: Executive Order (E.O.) 13660, E.O. 13661, E.O. 13662, E.O. 13685, E.O. 13694, relating to the Russian Federation, or E.O. 13757, relating to the Russian Federation. Persons “subject to sanctions imposed by the United States with respect to the Russian Federation” includes persons who are listed on the SDN List, SSI List, or NS-MBS List pursuant to the authorities listed above, and associated persons subject to sanctions pursuant to OFAC’s 50 percent rule.
Date Updated: April 29, 2022