New Ukraine Sanctions — US, EU And Canada Take Action

Law360, New York (March 10, 2014, 2:41 PM EDT) -- In response to political developments in the Ukraine and Russian military action in Crimea, the United States and European Union (EU) announced new sanctions on March 6, 2014. Canada issued its sanctions on March 5, 2014. The U.S. executive order authorized the Treasury Department to block the assets of persons determined to have engaged in certain destabilizing conduct or misappropriation of state assets in the Ukraine. The executive order also provided for the potential denial of visas.

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