Law360, New York ( June 6, 2016, 11:23 AM EDT) -- The U.S. Department of the Treasury's Office of Foreign Assets Control administers and enforces economic sanctions programs that range from broad embargoes against entire countries to list-based prohibitions against entities and individuals. The President's National Security Council staff and OFAC increasingly favor targeted, list-based sanctions to address threats to the national security, foreign policy and economy of the United States. Although the embargo on the Crimea region of the Ukraine may seem to contradict this trend, the implementation of sectoral sanctions and the recent list-based sanctions against certain named Russian, Venezuelan and Burundi government officials reflect this preferred targeted approach....
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