Investor Presentaiton
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 38
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
56-57)
14 Dec. 2020 announcement of new Non-SDN Menu-Based Sanctions (NS-MBS) List -
see slide 62
Morgan Lewis
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