The prohibitions announced by the State Department on August 20, 2021 related to U.S. bank loans have the same scope as those imposed by OFAC in August 2019 under the CBW Act Directive. Please see FAQs 675–678 for additional information.
Independent of the CBW Act Directive, OFAC has imposed prohibitions on certain Russia-related sovereign entities subject to the CBW Act Directive, pursuant to Russia-related directives under Executive Order (E.O.) 14024 (see FAQ 1000).
Date Updated: March 02, 2022