Russia; Russia

42 Kommunisticheskaya St., Floor 4, Office 11, Novorossiysk, 353900, Krasnodar Region, Russia

1182375065828, Registration Number; 2315207531, Tax ID No.

Russian state-owned and private enterprises continue to engage in the systematic theft of Ukraine’s resources, to include grain. The Department is designating a network of Russian entities that use shell companies, falsified documents, and maritime evasion techniques to obfuscate the Ukrainian origin of grain exports and falsely label them as originating from Russia: Limited Liability Company Geos is being designated pursuant to section 1(a)(vii) for being owned or controlled by, or for having acted or purported to act for or on behalf of, directly or indirectly, Igor Vladimirovich Pozhidaev, a person whose property and interests in property are blocked. Limited Liability Company Geos is involved in a grain-theft network involving U.S.-designated State Grain Operator. In support of this grain theft network, Limited Liability Company Geos purchases stolen Ukrainian wheat from State Grain Operator and then issues a series of falsified documents to conceal the origin of the cargo from would be second-hand buyers.

https://pl.usembassy.gov/us_sanctions_controls_russia/

2023-05-19

US

Executive Order 14024 of April 15, 2021 Blocking Property With Respect To Specified Harmful Foreign Activities of the Government of the Russian Federation

OFAC country specific

Russia

Blocking Property, Suspending Entry, Trade sanctions

• https://ofac.treasury.gov/faqs/1127 • https://ofac.treasury.gov/faqs/1029

In response to the Russian Federation’s continued use of its military-industrial base to support its aggression against Ukraine, the President has issued an Executive Order (E.O.) amending E.O. 14024 that provides the Office of Foreign Assets Control (OFAC) with new authorities to target foreign financial institutions for engaging in certain transactions. Foreign financial institutions that conduct or facilitate significant transactions or provide any service involving Russia’s military-industrial base run the risk of being sanctioned by OFAC. The United States and partners have put in place a sanctions and export controls regime that has severely restricted Russia’s ability to import many of the items that directly support its brutal and unjustified war against Ukraine. As a result, Russia is increasingly using third countries to evade sanctions and continue its procurement of certain critical items. The United States and partners have published multiple advisories, including detailed red flags, to warn the private sector about Russian sanctions evasion in support of its war machine and to support compliance efforts. OFAC’s new targeting authorities, which are aimed at foreign financial institutions that provide services to, or engage in significant transactions relating to, Russia’s military-industrial base, come as a natural evolution of OFAC’s work to counter evasion and hold accountable those perpetuating Russia’s war against Ukraine, including financial facilitators. OFAC is issuing this advisory to provide guidance to foreign financial institutions on the amendments to E.O. 14024, including practical guidance on how to identify sanctions risks and implement corresponding controls. For additional guidance on this E.O., please see FAQs 1146–1157.

SDN / NS-MBS / CAPTA