HomeOffice of the SpokespersonPress Releases…Designating Entities and Individuals that Offer Financial Services to Sanctioned Russian Entities hide Designating Entities and Individuals that Offer Financial Services to Sanctioned Russian Entities Press Statement Matthew Miller, Department Spokesperson March 25, 2024 The United States is today designating two individuals and 18 entities for operating in the financial services and technology sectors of the Russian Federation economy. Many of today’s targets offer services to previously designated entities, including Russian financial institutions, or misuse virtual assets to enable sanctions evasion. Today’s action reaffirms the G7 commitment to curtail Russia’s use of the international financial system to further its war against Ukraine. It also reflects our continued efforts to target companies servicing Russia’s core financial infrastructure. We will continue to take all appropriate action to promote accountability for those who enable or profit from Russia’s illegal war. The Department of Treasury is taking these actions pursuant to Executive Order 14024, as amended. For more information on today’s action, see Treasury’s press release. Tags Bureau of Economic and Business Affairs Bureau of European and Eurasian Affairs Economic Prosperity and Trade Policy Office of the Spokesperson Russia Sanctions