OFAC Takes Aggressive Action Against Venezuela

On May 18, 2017, acting pursuant to Executive Order 13692, OFAC designated eight members of Venezuela’s Supreme Court of Justice for judicial decisions that allegedly “usurped the authority of Venezuela’s democratically-elected legislature.”

OFAC Issues FAQs on Delisting Petitions

On April 20, 2017, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued Frequently Asked Questions (FAQs) regarding petitions for removal from OFAC’s Specially Designated Nationals and Blocked Persons List (SDN List).

So You Want to Reside in Iran?

If a U.S. person is interested in moving to Iran on a permanent basis, can that U.S. person open a bank account there without falling afoul of U.S. sanctions?

IRGC Sanctions: A (Brief) History

Reports indicate that the Trump administration is considering the promulgation of an Executive Order that would direct the Secretary of State to designate the Islamic Revolutionary Guard Corps (IRGC) – a branch of Iran’s armed forces – a Foreign Terrorist Organization...

Is It a New Day in Iran Sanctions?

Some are characterizing OFAC’s latest designations of Iran-related persons as evidence of a new aggressive posture by the Trump administration. But the facts may well tell a different story.