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Vladimir Putin signed Federal Law On Amendments to Federal Law On Measures Against Individuals Complicit in Violation of Fundamental Human Rights and Freedoms of the Citizens of the Russian Federation, and to Article 27 of the Federal Law On the Procedure to Exit and Enter the Russian Federation.
The Federal Law makes it possible to apply the sanction measures under Articles 1 and 2 of the Federal Law On Measures Against Individuals Complicit in Violation of Fundamental Human Rights and Freedoms of the Citizens of the Russian Federation to all foreign nationals and stateless persons, and not to US citizens alone, as current law permits.
Such actions include a ban on entry to the Russian Federation, seizure of financial and other assets on the territory of the Russian Federation, a ban on any transactions with real estate and investments belonging to those citizens (persons), a ban on the disposal of property on the territory of the Russian Federation, suspension of activities of legal entities controlled by those individuals (persons) in the Russian Federation as well as suspension of their powers on board of directors or other management bodies of organisations registered on the territory of the Russian Federation.
March 4, 2022