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Expert Analysis

Practical Guidance For Dealing With Ukraine Sanctions

Law360, New York (May 28, 2014, 5:18 PM EDT) -- On May 8, 2014, the U.S. Treasury Department's Office of Foreign Assets Control issued regulations to implement three executive orders issued by President Obama in March regarding the situation in Ukraine. The "Ukraine Related Sanctions Regulations," which are now found in 31 C.F.R. Part 589 (the "URSR"), may have important practical consequences for many U.S. businesses currently doing business with or considering doing business with Russian businesses and individuals. U.S. businesses should also begin considering how they may be impacted by potential forthcoming sanctions....

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