Frequently Asked Questions

998. What are the requirements of Directive 4 under Executive Order (E.O.) 14024, “Prohibitions Related to Transactions Involving the Central Bank of the Russian Federation, the National Wealth Fund of the Russian Federation, and the Ministry of Finance of the Russian Federation,” as amended (Russia-related Sovereign Transactions Directive)?

… (1) any transaction that evades or avoids, has the purpose of evading or avoiding, causes a violation of, or attempts to violate any of the prohibitions of the Russia-related Sovereign Transactions Directive; and (2) … transactions involving any Directive 4… Read more

1197. I'm a U.S. person with securities held at the National Settlement Depository (NSD), which were transferred pursuant to Russian Decree 840 to another Russian registrar. Am I required to block these securities?

… person other than those identified in the authorizations, and that any transfer made in violation of OFAC sanctions is null and void. As such, OFAC cautioned that U.S. persons should … should be treated as blocked. Any U.S. persons who have already filed initial blocking … Read more

Frequently Asked Questions

Office of Terrorism and Financial Intelligence