Additional Measures Against the Russian Financial System

You are subscribed to Europe and Eurasia for U.S. Department of State. This information has recently been updated, and is now available. Additional Measures Against the Russian Financial System 02/28/2022 08:42 AM EST Antony J. Blinken, Secretary of State In coordination with our allies and partners, the United States is taking further measures today against the Russian financial system in response to Russia's continuing premeditated war against Ukraine.  Unwavering in our support for Ukraine's sovereignty and territorial integrity, we will continue to act with our allies and partners in imposing costs on Russia if it continues its war of choice. The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has prohibited any U.S. person from conducting any transaction involving the Central Bank of the Russian Federation, the National Wealth Fund of the Russian Federation, or the Ministry of Finance of the Russian Federation. In addition, OFAC imposed blocking sanctions on the Russian Direct Investment Fund, a known slush fund for President Putin and his inner circle, two of its subsidiaries, and CEO Kirill Dmitriev. We took today's actions to impair Russia's ability to use its international reserves in ways that undermine the impact of our sanctions, as well as to prevent Russia from accessing its wealth fund for use in its ongoing war against Ukraine. The United States will continue to coordinate closely with our partners and allies to impose severe consequences on Russia for its war against Ukraine.  We share with our partners and allies unity of purpose, resolve, and determination to hold Russia to account for its aggression, particularly those responsible for this war of choice. Stay connected with the State Department: External links found in this content or on Department of State websites that go to other non-Department websites should not be construed as an endorsement of the views or privacy policies contained therein.    Update your subscriptions, modify your password or email address, or stop subscriptions at any time on your Subscriber Preferences Page. You will need to use your email address to log in. If you have questions or problems with the subscription service, please contact subscriberhelp.govdelivery.com. This email was sent to ignoble.experiment@arconati.us using GovDelivery Communications Cloud on behalf of: U.S. Department of State · 2201 C Street NW · Washington, DC 20520