Good Morning, Brooklyn: Friday, March 18, 2022
NO BUSINESS WITH ENTITIES SUPPORTING RUSSIA: A new Executive Order that Governor Kathy Hochul issued yesterday, and that builds on her ongoing efforts to support Ukraine, will prohibit state agencies and authorities from contracting with entities that continue to do business in Russia. Earlier this month, Governor Hochul announced actions to strengthen the Department of Financial Services’ (DFS) enforcement of sanctions against Russia, including the expedited procurement of additional blockchain analytics technology.
Last month, February, Gov. Hochul had ordered all state agencies and authorities to divest public funds from Russia and stop doing business with Russian companies.
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