Sanctions Designations:
U.S. Designates Numerous Individuals and Entities: On September 15, 2022, the U.S. added a number of individuals and entities to the Specially Designated Nationals and Blocked Persons (“SDN”) List. The sanctions target Russia’s financial system, including the heads of Russia’s state-run card payment system (NSPK), central securities depository, stock exchange’s clearing service provider, and an entity the Kremlin uses to liquidate financial institutions and access foreign assets. Other designations include three Russian military space entities, 13 Russian entities in the technology sector, and 14 entities in the Russian electronics sector, among others.
