U.S. Freezes Russian Central Bank and Sovereign Wealth Fund Assets
Posted on 02/28/2022
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) prohibited United States persons from engaging in transactions with the Central Bank of the Russian Federation, the National Wealth Fund of the Russian Federation, and the Ministry of Finance of the Russian Federation. This action effectively immobilizes any assets of the Central Bank… Continue reading U.S. Freezes Russian Central Bank and Sovereign Wealth Fund Assets
