OFAC warned that "individuals and entities engaged in or supporting [North Korea] IT worker-related activity, including processing related financial transactions, should be aware of the potential legal consequences of engaging in prohibited or sanctionable conduct."
OFAC amended Russia-related sanctions FAQs to (i) further clarify the types of transactions that U.S. persons are authorized to engage in with certain Russian telecommunications companies and (ii) update definitions.
OFAC took a series of actions targeted at "individuals and entities critical to Russia's ability to wage war against Ukraine." In connection with these actions, OFAC published four new General Licenses, two new Executive Order Determinations and a set of FAQs.
In a Fact Sheet, the DOJ outlined proposed legislation to add resources and capabilities "to isolate and target the crimes of Russian officials, government-aligned elites, and those who aid or conceal their unlawful conduct."