OFAC Russian Harmful Foreign Activities Sanctions

OFACasset freezesectoralfinancial restrictionsinvestment bantrade restrictions

OFAC Russian Harmful Foreign Activities Sanctions is a sanctions program maintained by Office of Foreign Assets Control (OFAC) targeting Russia. It imposes asset freeze, sectoral, financial restrictions, investment ban and trade restrictions.

Last updated 3 Aug 2026

Overview

Sanctions program targeting specified harmful foreign activities of the Government of the Russian Federation, including its aggression against Ukraine. The program imposes blocking sanctions on designated persons, prohibitions on new investment and certain services, import/export restrictions, correspondent and payable-through account restrictions, sovereign debt prohibitions, and a price cap on Russian oil. Implemented under Executive Order 14024 and subsequent executive orders, with directives covering sovereign debt, correspondent accounts, new debt/equity, and Central Bank transactions.

Targeted country

Russia

Legal bases

Executive Order 14024 - Blocking Property With Respect To Specified Harmful Foreign Activities Of The Government Of The Russian Federation (April 15, 2021)
Executive Order 14039 - Blocking Property with Respect to Certain Russian Energy Export Pipelines (August 20, 2021)
Executive Order 14066 - Prohibiting Certain Imports And New Investments With Respect To Continued Russian Federation Efforts To Undermine the Sovereignty And Territorial Integrity Of Ukraine (March 08, 2022)
Executive Order 14068 - Prohibiting Certain Imports, Exports, and New Investment with Respect to Continued Russian Federation Aggression (March 11, 2022)
Executive Order 14071 - Prohibiting New Investment In And Certain Services To The Russian Federation In Response To Continued Russian Federation Aggression (April 06, 2022)
Executive Order 14114 - Taking Additional Steps With Respect to the Russian Federation's Harmful Activities (December 22, 2023)
International Emergency Economic Powers Act (IEEPA), 50 USC §§ 1701-1706
National Emergencies Act (NEA), 50 USC §§ 1601-1651
Protecting Europe's Energy Security Act of 2019 (PEESA)
31 CFR Part 587 - Russian Harmful Foreign Activities Sanctions Regulations

Official resources

OFAC Alert: Sanctions Risk for Foreign Financial Institutions that Join Russian Financial Messaging System, System for Transfer of Financial Messages

Advisory for the Maritime Oil Industry and Related Sectors

OFAC-BIS Alert: Impact of Sanctions and Export Controls on Russia's Military-Industrial Complex

Updated Guidance for Foreign Financial Institutions on OFAC Sanctions Authorities Targeting Support to Russia's Military-Industrial Base

OFAC Guidance on Implementation of the Price Cap Policy for Crude Oil and Petroleum Products of Russian Federation Origin

Russian Harmful Foreign Activities Sanctions FAQ Topic Page

Directive 1A - Prohibitions Related to Certain Sovereign Debt of the Russian Federation

Directive 2 - Prohibitions Related to Correspondent or Payable-Through Accounts and Processing of Transactions Involving Certain Foreign Financial Institutions

Directive 3 - Prohibitions Related to New Debt and Equity of Certain Russia-related Entities

Directive 4 - Prohibitions Related to Transactions Involving the Central Bank of the Russian Federation, the National Wealth Fund of the Russian Federation, and the Ministry of Finance of the Russian Federation

EO 14039 - Blocking Property with Respect to Certain Russian Energy Export Pipelines

EO 14068 - Prohibiting Certain Imports, Exports, and New Investment with Respect to Continued Russian Federation Aggression

EO 14114 - Taking Additional Steps With Respect to the Russian Federation's Harmful Activities

EO 14024 - Blocking Property With Respect To Specified Harmful Foreign Activities Of The Government Of The Russian Federation

EO 14066 - Prohibiting Certain Imports And New Investments With Respect To Continued Russian Federation Efforts To Undermine the Sovereignty And Territorial Integrity Of Ukraine

EO 14071 - Prohibiting New Investment In And Certain Services To The Russian Federation In Response To Continued Russian Federation Aggression

Index of Interpretative Guidance for Russian Harmful Foreign Activities Sanctions

31 CFR Part 587 - Russian Harmful Foreign Activities Sanctions Regulations

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