Home USOFAC OFAC Sanctions Watch: Daily Briefing for January 11, 2024

OFAC Sanctions Watch: Daily Briefing for January 11, 2024

by Ken Devin

OFAC Updates: New Designations and Sanctions

The Office of Foreign Assets Control (OFAC) has recently announced new designations and sanctions updates. In this blog post, we will provide an overview of the latest developments.

Russia-related Designations and Updates

OFAC has designated two individuals and two entities from Russia. The individuals are:

  • Vladimir Vladimirovich Mikheychik, a Russian national with a date of birth of May 16, 1970.
  • The entities are:
    • Ashuluk Firing Range, a defense activities organization based in Astrakhan Oblast, Russia.
    • Vladimirovka Advanced Weapons and Research Complex, a defense activities organization based in Astrakhan Oblast, Russia.

Cyber-related Designation Update

OFAC has also updated its sanctions list to include a new digital currency address for the entity CHATEX, which is believed to be involved in cyber-related activities.

Other Updates

In addition to the Russia-related designations and cyber-related designation update, OFAC has also made some unrelated administrative list updates.

Summary

In total, OFAC has added 4 individuals and 2 entities from Russia to its sanctions list, and has updated its sanctions list to include a new digital currency address for CHATEX.

Referrence link: OFAC link

related posts