Davis Polk on Russia Sanctions – First Tranche of Sanctions in Response to Russian Invasion of Eastern Ukraine
Sanctions include blocking orders against two state-owned Russian financial institutions, expanded restrictions on Russian sovereign debt, and prohibitions on transactions in separatist regions. Starting on February 21, 2022, the Biden administration began to issue a “first tranche” of economic sanctions against the Russian Federation in response to what President Joe Biden has called “the […]