U.S. sanctions imposed on entities and individuals in Russia
U.S. sanctions imposed
President Biden yesterday signed an executive order imposing new sanctions with regard to entities and persons in Russia, as a response to certain foreign activities of the government of the Russian Federation.
Read the executive order
As explained in a related White House release, six Russian technology companies that provide support to the Russian intelligence services’ cyber program, ranging from providing expertise to developing tools and infrastructure to facilitating malicious cyber activities, are designated for sanctions for their operations in the technology sector of the Russian Federation economy.
KPMG observation
The U.S. sanctions on Russian entities and individuals is garnering attention because the sanctions are broad and will restrict the ability of U.S. persons to conduct business with these entities and individuals.
For more information on this topic or to learn more about KPMG’s Trade & Customs Services, contact:
Doug Zuvich |
John L. McLoughlin |
Andy Siciliano |
Steve Brotherton |
Luis (Lou) Abad |
Irina Vaysfeld |
Amie Ahanchian |
Christopher Young |
Gisele Belotto |
George Zaharatos |
Andy Doornaert |
Jessica Libby |
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