Morgan Lewis US and Russia Sanctions Update

What's Newest (cont'd) Other recent OFAC actions of note 23 Dec. 2020 further general license extensions to 21 July 2021 on dealings with the major automotive co. GAZ Group (a Deripaska asset not yet delisted) – see slide 36 below - 18 Feb. 2021 Settlement Agreement (for $507K) with BitPay Inc., a US digital currency payment processing co., for 2000+ violations during 2013-18 of the Crimea (and also Cuba, N. Korea, Sudan and Syria) sanctions programs 5 Jan. 2021 update/slight refinement of FAQ 545-re what is a "significant transaction" in applying CAATSA sec. 228 secondary sanctions provisions (see slides 53-54) 14 Dec. 2020 announcement of new Non-SDN Menu-Based Sanctions (NS-MBS) List - see slide 59 Morgan Lewis 6

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