Russia; Russia

ul. Godovikova d. 9, str. 17, str. 17, floor 6, pomeshch. 1,2,15,17,19, ch. 3,5,7, Moscow, 129085, Russia

1065010021284, Registration Number; 5010028861, Tax ID No.

The following Russia-based entities were designated pursuant to E.O. 14024 for operating or having operated in the technology sector of the Russian Federation economy: Limited Liability Company IT1, Limited Liability Company GPB IT1, IT1Digital Solutions Limited Liability Company, Limited Liability Company IT1 RTK (IT1 RTK), Limited Liability Company IT1 Solutions, Limited Liability Company IT1 Novations (IT1 Novations), Limited Liability Company Service Platform, Limited Liability Company IT1 Technologies, IT1 Kholding, and Technology Platform Limited Liability Company together comprise the Russia-based software conglomerate IT1 and are each involved in software development activities, including the development and maintenance of information systems for the Russian government and the development of software for Russian government agencies. IT1 Kholding is the owner of the nine other IT1 companies, whose businesses include the development and maintenance of federal state information systems (IT1 RTK), software testing (IT1 Novations), and general software development (all IT1 companies).

https://home.treasury.gov/news/press-releases/jy2117

2024-02-23

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