19 iunie 2019

Russian Non-Banking Credit Group Facing Secondary Sanctions From US Treasury Over N Korea


The US Treasury announced on Wednesday that secondary sanctions have been imposed on the Russian Financial Society, a non-bank credit organisation, under North Korea sanctions regulations. "The following entity has been added to OFAC's SDN List… LIMITED LIABILITY COMPANY NON-BANK CREDIT ORGANIZATION RUSSIAN FINANCIAL SOCIETY (...); Secondary sanctions risk: North Korea Sanctions Regulations," the notice said. The organisation that has been hit with the economic restrictions is headquartered in [...]