According to reports a build up of Russian troops on the Ukraine border has resulted in the u.s. imposing new sanctions, backed by nato. Sanctions are reportedly subject to the treasuries office of foreign assets control, ofac. According to reports around twenty Russia related persons are the subjects of sanctions for evading u.n. sanctions restricting trade and financial transactions with north Korea. Rosnoboronexport, three Russian banks and related personnel are sanctioned for their support to the Syrian government. The u.s. imposed sanctions on a Russian-Venezuelan bank for providing support to the state owned Petróleos de Venezuela. Sanctioned for operating in Venezuela’s oil sector were two subsiduaries of Russian state oil company Rosneft, two related individuals, two Russian flagged ships and their registered owners. According to reports, in August the u.s. imposed sanctions on two businesses, one insurance involved in the construction of the Nord II pipeline, designed to bring natural gas from Russia to Germany.
Ofac have active sanctions operating in the following countries; Belarus, Burundi, Central African Republic, Cuba, Hongkong, Iran, Libya, North Korea, Somalia, Somalia, Sudan and Darfur, South Sudan, Syria and Zimbabwe. Other sanctions are related to economic activity with some nations such as the Balkans, Burma, the Congo, Iraq, Nicaragua, Lebanon, South Sudan, Syria, Venezuela and Lebanon.
Nato are believed to enforce u.n. sanctions. The seizing of assets is becoming more generalised in cases of criminal activity, sometimes unproven.