On 20-12-2016, the U.S. Department of the Treasury sanctioned 7 Russian individuals and 8 companies (including more than 20 subsidiaries of the Russian Agricultural Bank and OAO Novatek) under U.S. sanctions concerning the Crimean Region of the Ukraine. The OFAC measures, parallel to the EU measures, are a reaction to the U.S. Government’s determination of Russia’s involvement in the ongoing crisis in the Crimean peninsula.
Crimea & Sevastopol
On 09 November 2016, the EU extended it’s restrictive measures related to the ongoing crisis in the Crimea Region. The European Council decided to add 6 members of the Russian State Duma to it’s sanctions list. This was done in response for their role in the unresolved territorial crisis surrounding the Crimean region and the city of Sevastopol.
EU extends Crimea and Sevastopol sanctions regimes until June 2017