OFAC updates three Russia-related FAQs

OFAC has announced it has updated three Russia-related FAQs:

• 1034: For the purposes of the determination of May 8, 2022 made pursuant to Executive Order (E.O.) 14071, “Prohibitions Related to Certain Accounting, Trust and Corporate Formation, and Management Consulting Services,” what is meant by the terms “accounting,” “trust and corporate formation,” and “management consulting” services?
• 1035: For the purposes of Russia-related General License 35 what is meant by the terms “credit rating services” and “auditing services"?
• 1038: For the purposes of the determination of May 8, 2022 made pursuant to Executive Order (E.O.) 14024, what is meant by the terms “accounting,” “trust and corporate formation services,” and “management consulting” sectors of the Russian Federation economy?