The Justice Department will add 25 new prosecutors to a section dedicated to enforcing sanctions and export controls against Russia and other adversaries
adds 25 new prosecutors to its counterintelligence and exports controls section, part of itsto ensure that companies and other third-parties aren’t helping Russia evade U.S. sanctions, Assistant Attorney General Matt Olsen said.
“Corporations are on the front lines, often seeing these violations in the first instance,” said Mr. Olsen.focused on the enforcement of export controls—regulations designed to keep sensitive technologies out of the hand of foreign adversaries.
Russia’s efforts to evade sanctions have placed pressure on the West to stem the financing and the import of sensitive items such as computer chips and radar equipment that are still flowing into the country. Without a meaningful enforcement of the blockade, officials say, Russian PresidentThe administration last year initiated aof the pressure campaign meant to enforce the punitive actions, targeting the individuals and companies allegedly supporting Russia.
As part of those ongoing efforts, the administration on Thursday issued a third joint advisory to the private sector. The advisory is designed to warn companies of legal risks of violating the sanctions and export controls, to educate banks and other firms on how to spot potential evasion, and to be on guard against malign actors seeking to help Russia evade sanctions.Our Morning Risk Report features insights and news on governance, risk and compliance.
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