How do sanctions related to U.S. bank loans imposed on Russia pursuant to the Chemical and Biological Weapons Control and Warfare Act of 1991 (CBW Act), as announced by the State Department on August 20, 2021, affect existing prohibitions?

OFAC's answer

The prohibitions announced by the State Department on August 20, 2021 related to U.S. bank loans have the same scope as those imposed by OFAC in August 2019 under the [CBW Act Directive](https://ofac.treasury.gov/media/53656/download?inline). Please see FAQs [675](https://ofac.treasury.gov/faqs/675)–[678](https://ofac.treasury.gov/faqs/678) for additional information. Independent of the CBW Act Directive, OFAC has imposed prohibitions on certain Russia-related sovereign entities subject to the CBW Act Directive, pursuant to Russia-related directives under [Executive Order (E.O.) 14024](https://ofac.treasury.gov/media/57936/download?inline) (see [FAQ 1000](https://ofac.treasury.gov/faqs/1000)). Date Updated: March 02, 2022

Related programs

Related FAQs

• #675How does OFAC implement sanctions related to U.S. bank loans imposed on Russia pursuant to the CBW Act?
• #678Does the CBW Act Directive prohibit participation in the secondary market for Russian sovereign debt?
• #1000What sanctions are applicable to the Central Bank of the Russian Federation, the National Wealth Fund of the Russian Federation, or the Ministry of Finance of the Russian Federation?