Untitled note

What's on the official record

On 10/27/2026, OFAC announced a settlement with Extreme Networks, Inc., a North Carolina headquartered cloud networking solutions provider, for $1,529,685. The settlement covers nine occasions of exports of networking equipment and related services from the United States between September 2018 and March 2022 to JSC Moskovskiy Mashinostroitelniy Zavod Avangard, a Russian defense manufacturer blocked by operation of law and majority owned by designated JSC Concern Almaz Antey. OFAC determined the apparent violations were voluntarily self-disclosed and egregious. The action appears on the recent-actions path /recent-actions/20261027 (https://ofac.treasury.gov/recent-actions/20261027).

Assessment

For a sanctions or trade-finance committee, the record lets this reader check whether its own screening flags the two blocked entities named here, and decide whether to enhance diligence on any counterparty or transaction channel that could route to them.

For an owner or operating executive, the record lets this reader check whether its own export-control screening flags the two blocked entities named here, and decide whether to fix that screening before a buyer or lender checks.

What would change this call

The call would change if the linked Enforcement Release or Settlement Agreement PDFs name a reseller, distributor, or intermediary channel not stated on the day page, or if the SDN entries for the two blocked entities reveal additional ownership or alias detail.

What to check next

Check	Why
Enforcement Release and Settlement Agreement PDFs linked from the day page	The day page does not state the specific products or services exported, end-use or end-user detail, the basis for the egregiousness determination, any compliance commitments or monitorship terms, the intermediary/reseller/distributor channel, or any sanctions program, Executive Order, or specific regulation cited
SDN entries for the two blocked entities	To confirm ownership and alias detail beyond what the day page states

Confidence

The record is an OFAC day page, a primary official source. The settlement amount, the nine occasions, the September 2018–March 2022 window, the two entity names, and the voluntarily-self-disclosed-and-egregious determination are all stated on the page. The page does not state the specific products or services exported, end-use or end-user detail, the basis for the egregiousness determination, any compliance commitments or monitorship terms, the intermediary/reseller/distributor channel, or any sanctions program, Executive Order, or specific regulation cited.

Sources

[1] OFAC Recent Actions, 27 October 2026 — https://ofac.treasury.gov/recent-actions/20261027