Magnitsky Act

Uncommon card · No. 157116

The Magnitsky Act, formally the Russia and Moldova Jackson–Vanik Repeal and Sergei Magnitsky Rule of Law Accountability Act of 2012, is a bipartisan U.S. federal law enacted in 2012. It imposes sanctions on Russian officials deemed responsible for the death of Russian accountant Sergei Magnitsky in a Moscow prison in 2009. The act also repealed the Jackson–Vanik amendment, granting permanent normal trade relations status to Russia and Moldova. It was signed into law by President Barack Obama on December 14, 2012. The Global Magnitsky Human Rights Accountability Act, enacted in 2016 as part of the National Defense Authorization Act for Fiscal Year 2017, extends the original act's framework to sanction foreign officials worldwide for human rights violations or significant corruption, authorizing asset freezes and U.S. entry bans.

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