The Treasury Department’s Office of Foreign Assets Control (OFAC) marked the one-year anniversary of Russia’s invasion of Ukraine by unveiling a slew of new sanctions against financial services firms and individuals that either support Russia’s war effort or have been judged to be undermining existing U.S. sanctions.

OFAC on Friday announced new sanctions against 22 individuals and 83 entities, taken in coordination with its allies and G7 partners.

Aaron Nicodemus is the Editor-in-Chief of Compliance Week. He previously worked as a reporter for Bloomberg Law and as business editor at the Telegram & Gazette in Worcester, Mass. Email: aaron.nicodemus@complianceweek.com LinkedIn:...