Today, the United States is imposing sanctions on four prominent members of Russia's financial elite who have served on the supervisory board of the Alfa Group Consortium, one of the largest financial and investment conglomerates in Russia.
We are also imposing sanctions on the Russian Association of Employers the Russian Union of Industrialists and Entrepreneurs (RSPP), a Russian business organization involved in the technology sector of the Russian Federation economy. The organization has promoted import substitution and convened meetings to promote responses to sanctions.
The United States will continue to take all appropriate action to hold accountable those who enable and profit from Russia's war against Ukraine.
The Department of the Treasury is taking these actions pursuant to Executive Order 14024
