Worldwide: Biden Administration Threatens Foreign Financial Institutions With Secondary Sanctions For Involvement In Certain Transactions Related To Russia; Expands Ban On Import Of Certain Russian Goods - Foley Hoag LLP

Worldwide: Biden Administration Threatens Foreign Financial Institutions With Secondary Sanctions For Involvement In Certain Transactions Related To Russia; Expands Ban On Import Of Certain Russian Goods - Foley Hoag LLP

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On December 22, 2023, President Biden issued a new Executive Order affecting foreign financial institutions and those importing certain goods into the U.S.

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