United States: Round 2 In Ukraine Sanctions: US, EU, Australia, And Russia Take Further Action

Last Updated: March 24 2014
Article by Philip S. English, Kay Georgi, Keith Huffman and Tina Termei

OFAC Adds 19 Individuals and a Bank to SDN List; President Obama Signs New Executive Order Authorizing Sanctions to Against Key Sectors of Russian Economy; EU and Australia Sanctions Also Keeping Pace

On March 20, 2014, the United States continued its march of Ukraine-related sanctions against Russia:

  • The US Treasury Department's Office of Foreign Assets Control (OFAC) designated 19 additional Russian individuals and a bank, Bank Rossiya, adding them to the Treasury Department's Specially Designated Nationals (SDN) list pursuant to Executive Order 13661 [UKRAINE2]; and
  • President Obama signed a third executive order that paves the way for additional designations on a broad trade-related sanctions on key sectors of Russia's economy.

These measures come on the heels of recent Ukraine-related sanctions that are discussed in our March 17, 2014 legal alert and are in response to Russia's actions to annex Crimea subsequent to the March 16, 2014 Crimean Referendum to join Russia, as well as international concerns regarding possible further Russian incursions into Ukraine.

The new SDN designations freeze the assets of 19 additional Russian individuals, including both senior Russian officials and President Putin's inner circle, a/k/a "cronies," whom the White House describes as having "substantial resources and influence who provide material support to the Russian leadership." Their names appear with the designator "[UKRAINE2]" and are listed below. OFAC also added Bank Rossiya, the personal bank for many Russian officials and members of President Putin's inner circle, to the SDN list on the grounds that it "provides material support to these individuals."

Moments after President Obama announced this next wave of targeted individuals and entities, Russia responded in kind and announced sanctions that would bar 10 American officials — including House of Representatives Speaker John Boehner, Senator John McCain, and advisers to President Obama (Dan Pfeiffer and Caroline Atkinson) — from entering Russia. President Putin has said that he sees no immediate need for further Russian retaliation against the US but, as the US and international community continue increasing the possibility of new sanctions against Russia, Russia will likely respond in kind.

Additionally, the President signed a new Executive Order that opens the door for broad future sanctions on key sectors of the Russian economy.

Specifically, the new executive order authorizes the designation as SDNs persons who:

  • Operate in such sectors of the Russian Federation economy as may be determined by the Secretary of the Treasury, in consultation with the Secretary of State, such as financial services, energy, metals and mining, engineering, and defense and related materiel;
  • Have materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to, or in support of, any person whose property and interests in property are blocked pursuant to this order; or
  • Have been owned or controlled by, or have acted or purported to act for or on behalf of, directly or indirectly, any person whose property and interests in property are blocked pursuant to this order.

The new Executive Order provides the US Government further flexibility to sanction Russia if Russia further escalates the Ukrainian crisis. The President voiced concern that Russian military positioning could point to "further incursions" into southern and eastern Ukraine, so upcoming events on the ground will likely indicate whether the US will impose sanctions measures pursuant to this new Executive Order.

The President acknowledged that the threatened economic measures if implemented could hurt the global economy, as well as the Russian economy, but said that "Russia must know that further escalation will only isolate it further from the international community."

On Capitol Hill, House Foreign Affairs Committee Chairman Ed Royce and Ranking Member Eliot Engel introduced a new bill on Friday, March 21, 2014 that would impose sanctions on Russia and provide economic aid to Ukraine. It closely mirrors Senate legislation that is scheduled for a procedural vote on the March 24, 2014 — but without language sought by the White House that would provide more funding for International Monetary Fund loans. When lawmakers return from their spring recess next week, more action is expected.

The European Union has reportedly added 12 additional names to its list of 21 people subject to EU visa bans and asset freezes March 21, 2014. However, like the US, the EU has yet to impose broader economic and trade sanctions, only tasking the European Commission to prepare such measures if Russia further destabilizes Ukraine. The names added to the EU list are also provided below.

Australia on March 19, 2014, announced it would impose travel bans and asset freezes on Russian and Ukrainian officials deemed responsible for Russia's annexation of Crimea. This list includes eight Russians and four Ukrainians but their names have yet to be released.

As the sanctions swirled, Russian and Ukrainian politicians took definitive steps in different directions: On March 21, 2014, Russian President Putin signed the law annexing Crimea, while the same day, Ukraine's interim prime minister, Arseniy Yatsenyuk, signed the political provisions of the EU Association Agreement, the Agreement that the former Ukrainian President refused to sign, triggering the protests.

The new lists of designations by the US, EU, and Russia are provided below:

United States (March 20, 2014)



Date of Birth/Place of Birth


DZHABAROV, Vladimir Michailovich

29 Sep 1952

First Deputy Chairman of the International Affairs Committee of the Federation Council of the Russian Federation (individual) [UKRAINE2]

FURSENKO, Andrei Alexandrovich (a.k.a. FURSENKO, Andrei; a.k.a. FURSENKO, Andrey)

17 Jul 1949; St. Petersburg, Russia

Aide to the President of the Russian Federation (individual) [UKRAINE2]

GROMOV, Alexei

1960; Zagorsk (Sergiev, Posad), Moscow Region, Russia

First Deputy Chief of Staff of the Presidential Executive Office; First Deputy Head of Presidential Administration; First Deputy Presidential Chief of Staff (individual) [UKRAINE2]

IVANOV, Sergei (a.k.a. IVANOV, Sergey)

31 Jan 1953; St. Petersburg, Russia

Chief of Staff of the Presidential Executive Office (individual) [UKRAINE2]

IVANOV, Victor Petrovich (a.k.a. IVANOV, Viktor)

12 May 1950; alt. 1952; Novgorod, Russia

(individual) [UKRAINE2]

KOZHIN, Vladimir Igorevich

28 Feb 1959; Troitsk, Chelyabinsk Oblast, Russia

(individual) [UKRAINE2]

KOVALCHUK, Yuri Valentinovich (a.k.a. KOVALCHUK, Yury Valentinovich)

25 Jul 1951; Saint Petersburg, Russia

(individual) [UKRAINE2]

MIRONOV, Sergei Mikhailovich (a.k.a. MIRONOV, Sergei)

14 Feb 1953; Pushkin, Saint Petersburg, Russia

Member of the Council of the State Duma; Leader of A Just Russia Party; Member of the State Duma Committee on Housing Policy and Housing and Communal Services (individual) [UKRAINE2]

NARYSHKIN, Sergey Yevgenyevich (a.k.a. NARYSHKIN, Sergei)

27 Oct 1954; Saint Petersburg, Russia

(individual) [UKRAINE2]

OZEROV, Viktor Alekseevich (a.k.a. OZEROV, Viktor Alexeyevich)

05 Jan 1958; Abakan, Khakassia, Russia

Chairman of the Security and Defense Federation Council of the Russian Federation (individual) [UKRAINE2]

PANTELEEV, Oleg Evgenevich (a.k.a. PANTELEEV, Oleg)

21 Jul 1952; Zhitnikovskoe, Kurgan Region, Russia

First Deputy Chairman of the Committee on Parliamentary Issues (individual) [UKRAINE2]


15 Dec 1951; St. Petersburg, Russia

(individual) [UKRAINE2]


03 Jan 1957; St. Petersburg, Russia

(individual) [UKRAINE2]

RYZHKOV, Nikolai Ivanovich (a.k.a. RYZHKOV, Nikolai)

28 Sep 1929; Duleevka, Donetsk Region, Ukraine

Senator in the Russian Upper House of Parliament; Member of the Committee for Federal Issues, Regional Politics and the North of the Federation Council of the Russian Federation (individual) [UKRAINE2]

SERGUN, Igor Dmitrievich

28 Mar 1957

Lieutenant General; Chief of the Main Directorate of the General Staff (GRU); Deputy Chief of the General Staff (individual) [UKRAINE2]

TIMCHENKO, Gennady (a.k.a. TIMCHENKO, Gennadiy Nikolayevich; a.k.a. TIMCHENKO, Gennady Nikolayevich; a.k.a. TIMTCHENKO, Guennadi), Geneva, Switzerland

09 Nov 1952; Leninakan, Armenia; alt. Gyumri, Armenia; nationality Finland; alt. nationality Russia; alt. nationality Armenia

(individual) [UKRAINE2]

TOTOONOV, Aleksandr Borisovich (a.k.a. TOTOONOV, Alexander; a.k.a. TOTOONOV, Alexander B.)

03 Mar 1957; Ordzhonikidze, North Ossetia, Russia; alt. Vladikavkaz, North Ossetia, Russia

Member of the Committee on Culture, Science, and Information, Federation Council of the Russian Federation (individual) [UKRAINE2]

YAKUNIN, Vladimir

30 Jun 1948; Vladimir Oblast, Russia

(individual) [UKRAINE2]

ZHELEZNYAK, Sergei Vladimirovich (a.k.a. ZHELEZNYAK, Sergei; a.k.a. ZHELEZNYAK, Sergey)

30 Jul 1970; Saint Petersburg, Russia

Deputy Speaker of the State Duma of the Russian Federation (individual) [UKRAINE2]

BANK ROSSIYA (f.k.a. AKTSIONERNY BANK RUSSIAN FEDERATION), 2 Liter A Pl. Rastrelli, Saint Petersburg 191124, Russia; SWIFT/BIC ROSY RU 2P; Website www.abr.ru; Email Address bank@abr.ru [UKRAINE2].


European Union (March 21, 2014)



Date of Birth/Place of Birth


ROGOZIN, Dmitry Olegovich

21 December 1963; in Moscow

Deputy Prime Minister of the Russian Federation. Publicly called for the annexation of Crimea.


1 January 1961, Zaporozhye, (Ukrainian SSR)

Adviser to the President of the Russian Federation. Publicly called for the annexation of Crimea.

MATVIYENKO, Valentina Ivanova

7 April 1949, Shepetovka, Khmelnitskyi oblast (Ukrainian SSR)

Speaker of the Federation Council. On 1 March 2014, publicly supported in the Federation Council the deployment of Russian forces in Ukraine.

NARYSHKIN, Sergei Evgenevich

27 October 1954, St Petersburg (former Leningrad)

Speaker of the State Duma. Publicly supported the deployment of Russian forces in Ukraine. Publicly supported the Russia-Crimea reunification treaty and the related federal constitutional law.

KISELYOV, Dmitry Konstantinovich

26 April 1954

Appointed by Presidential Decree on 9 December 2013 Head of the Russian Federal State news agency "Rossiya Segodnya". Central figure of the government propaganda supporting the deployment of Russian forces in Ukraine.

NOSATOV, Alexander Mihailovich

27 March 1963 Sevastopol, (Ukrainian SSR)

Deputy-Commander of the Black Sea Fleet, Rear-Admiral Responsible for commanding Russian forces that have occupied Ukrainian sovereign territory.

KULIKOV, Valery Vladimirovich

1 September 1956, Zaporozhye, (Ukrainian SSR)

Deputy-Commander of the Black Sea Fleet, Rear Admiral Responsible for commanding Russian forces that have occupied Ukrainian sovereign territory.

SURKOV, Vladislav Yurievich

21 Sptember 1964, Solntsevo, Lipetsk

Aide to the President of the Russian Federation. He was an organiser of the process in Crimea by which local Crimean communities were mobilised to stage actions undermining the Ukrainian authorities in Crimea.



Chair of the Crimea Electoral Commission. Responsible for administering the Crimean referendum. Responsible under the Russian system for signing referendum results.



Chair of Sevastopol Electoral Commission. Responsible for administering the Crimean referendum. Responsible under the Russian system for signing referendum results.



Commander of the Russian forces in Crimea. The de-facto Commander of Russian troops deployed on the ground in Crimea (whom Russia continues to refer to officially as "local self-defence militias").

MIZULINA, Elena Borisovna


Deputy in the State Duma. Originator and co-sponsor of recent legislative proposals in Russia that would have allowed regions of other countries to join Russia without their central authorities' prior agreement.

Russia (March 20, 2014)



Date of Birth/Place of Birth


Caroline Atkinson


Deputy National Security Advisor for International Economic Affairs

Dan Pfeiffer


White House Communications Director

Ben Rhodes


Deputy National Security Advisor

Harry Reid


US Senate Majority Leader

John Boehner


Speaker of the House

Robert Menendez


Senate Foreign Relations Committee Chairman

Mary Landrieu


Senate Energy and Natural Resources Committee Chairman

John McCain


US Senator

Dan Coats


US Senator

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

To print this article, all you need is to be registered on Mondaq.com.

Click to Login as an existing user or Register so you can print this article.

Similar Articles
Relevancy Powered by MondaqAI
In association with
Related Topics
Similar Articles
Relevancy Powered by MondaqAI
Related Articles
Related Video
Up-coming Events Search
Font Size:
Mondaq on Twitter
Register for Access and our Free Biweekly Alert for
This service is completely free. Access 250,000 archived articles from 100+ countries and get a personalised email twice a week covering developments (and yes, our lawyers like to think you’ve read our Disclaimer).
Email Address
Company Name
Confirm Password
Mondaq Topics -- Select your Interests
 Law Performance
 Law Practice
 Media & IT
 Real Estate
 Wealth Mgt
Asia Pacific
European Union
Latin America
Middle East
United States
Worldwide Updates
Registration (you must scroll down to set your data preferences)

Mondaq Ltd requires you to register and provide information that personally identifies you, including your content preferences, for three primary purposes (full details of Mondaq’s use of your personal data can be found in our Privacy and Cookies Notice):

  • To allow you to personalize the Mondaq websites you are visiting to show content ("Content") relevant to your interests.
  • To enable features such as password reminder, news alerts, email a colleague, and linking from Mondaq (and its affiliate sites) to your website.
  • To produce demographic feedback for our content providers ("Contributors") who contribute Content for free for your use.

Mondaq hopes that our registered users will support us in maintaining our free to view business model by consenting to our use of your personal data as described below.

Mondaq has a "free to view" business model. Our services are paid for by Contributors in exchange for Mondaq providing them with access to information about who accesses their content. Once personal data is transferred to our Contributors they become a data controller of this personal data. They use it to measure the response that their articles are receiving, as a form of market research. They may also use it to provide Mondaq users with information about their products and services.

Details of each Contributor to which your personal data will be transferred is clearly stated within the Content that you access. For full details of how this Contributor will use your personal data, you should review the Contributor’s own Privacy Notice.

Please indicate your preference below:

Yes, I am happy to support Mondaq in maintaining its free to view business model by agreeing to allow Mondaq to share my personal data with Contributors whose Content I access
No, I do not want Mondaq to share my personal data with Contributors

Also please let us know whether you are happy to receive communications promoting products and services offered by Mondaq:

Yes, I am happy to received promotional communications from Mondaq
No, please do not send me promotional communications from Mondaq
Terms & Conditions

Mondaq.com (the Website) is owned and managed by Mondaq Ltd (Mondaq). Mondaq grants you a non-exclusive, revocable licence to access the Website and associated services, such as the Mondaq News Alerts (Services), subject to and in consideration of your compliance with the following terms and conditions of use (Terms). Your use of the Website and/or Services constitutes your agreement to the Terms. Mondaq may terminate your use of the Website and Services if you are in breach of these Terms or if Mondaq decides to terminate the licence granted hereunder for any reason whatsoever.

Use of www.mondaq.com

To Use Mondaq.com you must be: eighteen (18) years old or over; legally capable of entering into binding contracts; and not in any way prohibited by the applicable law to enter into these Terms in the jurisdiction which you are currently located.

You may use the Website as an unregistered user, however, you are required to register as a user if you wish to read the full text of the Content or to receive the Services.

You may not modify, publish, transmit, transfer or sell, reproduce, create derivative works from, distribute, perform, link, display, or in any way exploit any of the Content, in whole or in part, except as expressly permitted in these Terms or with the prior written consent of Mondaq. You may not use electronic or other means to extract details or information from the Content. Nor shall you extract information about users or Contributors in order to offer them any services or products.

In your use of the Website and/or Services you shall: comply with all applicable laws, regulations, directives and legislations which apply to your Use of the Website and/or Services in whatever country you are physically located including without limitation any and all consumer law, export control laws and regulations; provide to us true, correct and accurate information and promptly inform us in the event that any information that you have provided to us changes or becomes inaccurate; notify Mondaq immediately of any circumstances where you have reason to believe that any Intellectual Property Rights or any other rights of any third party may have been infringed; co-operate with reasonable security or other checks or requests for information made by Mondaq from time to time; and at all times be fully liable for the breach of any of these Terms by a third party using your login details to access the Website and/or Services

however, you shall not: do anything likely to impair, interfere with or damage or cause harm or distress to any persons, or the network; do anything that will infringe any Intellectual Property Rights or other rights of Mondaq or any third party; or use the Website, Services and/or Content otherwise than in accordance with these Terms; use any trade marks or service marks of Mondaq or the Contributors, or do anything which may be seen to take unfair advantage of the reputation and goodwill of Mondaq or the Contributors, or the Website, Services and/or Content.

Mondaq reserves the right, in its sole discretion, to take any action that it deems necessary and appropriate in the event it considers that there is a breach or threatened breach of the Terms.

Mondaq’s Rights and Obligations

Unless otherwise expressly set out to the contrary, nothing in these Terms shall serve to transfer from Mondaq to you, any Intellectual Property Rights owned by and/or licensed to Mondaq and all rights, title and interest in and to such Intellectual Property Rights will remain exclusively with Mondaq and/or its licensors.

Mondaq shall use its reasonable endeavours to make the Website and Services available to you at all times, but we cannot guarantee an uninterrupted and fault free service.

Mondaq reserves the right to make changes to the services and/or the Website or part thereof, from time to time, and we may add, remove, modify and/or vary any elements of features and functionalities of the Website or the services.

Mondaq also reserves the right from time to time to monitor your Use of the Website and/or services.


The Content is general information only. It is not intended to constitute legal advice or seek to be the complete and comprehensive statement of the law, nor is it intended to address your specific requirements or provide advice on which reliance should be placed. Mondaq and/or its Contributors and other suppliers make no representations about the suitability of the information contained in the Content for any purpose. All Content provided "as is" without warranty of any kind. Mondaq and/or its Contributors and other suppliers hereby exclude and disclaim all representations, warranties or guarantees with regard to the Content, including all implied warranties and conditions of merchantability, fitness for a particular purpose, title and non-infringement. To the maximum extent permitted by law, Mondaq expressly excludes all representations, warranties, obligations, and liabilities arising out of or in connection with all Content. In no event shall Mondaq and/or its respective suppliers be liable for any special, indirect or consequential damages or any damages whatsoever resulting from loss of use, data or profits, whether in an action of contract, negligence or other tortious action, arising out of or in connection with the use of the Content or performance of Mondaq’s Services.


Mondaq may alter or amend these Terms by amending them on the Website. By continuing to Use the Services and/or the Website after such amendment, you will be deemed to have accepted any amendment to these Terms.

These Terms shall be governed by and construed in accordance with the laws of England and Wales and you irrevocably submit to the exclusive jurisdiction of the courts of England and Wales to settle any dispute which may arise out of or in connection with these Terms. If you live outside the United Kingdom, English law shall apply only to the extent that English law shall not deprive you of any legal protection accorded in accordance with the law of the place where you are habitually resident ("Local Law"). In the event English law deprives you of any legal protection which is accorded to you under Local Law, then these terms shall be governed by Local Law and any dispute or claim arising out of or in connection with these Terms shall be subject to the non-exclusive jurisdiction of the courts where you are habitually resident.

You may print and keep a copy of these Terms, which form the entire agreement between you and Mondaq and supersede any other communications or advertising in respect of the Service and/or the Website.

No delay in exercising or non-exercise by you and/or Mondaq of any of its rights under or in connection with these Terms shall operate as a waiver or release of each of your or Mondaq’s right. Rather, any such waiver or release must be specifically granted in writing signed by the party granting it.

If any part of these Terms is held unenforceable, that part shall be enforced to the maximum extent permissible so as to give effect to the intent of the parties, and the Terms shall continue in full force and effect.

Mondaq shall not incur any liability to you on account of any loss or damage resulting from any delay or failure to perform all or any part of these Terms if such delay or failure is caused, in whole or in part, by events, occurrences, or causes beyond the control of Mondaq. Such events, occurrences or causes will include, without limitation, acts of God, strikes, lockouts, server and network failure, riots, acts of war, earthquakes, fire and explosions.

By clicking Register you state you have read and agree to our Terms and Conditions