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.”
The United States has entered a historic agreement with its Gulf Arab partners to target terror finance networks. But is the news of this agreement all good?
Some allege that the Trump administration is taking a more punitive approach towards Tehran.
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).
I like the General Factors Affecting Administrative Action. I really do. If you don't know what I'm talking about, allow me to provide some background. As you (hopefully) are aware, the United States Department of Treasury's Office of Foreign Assets Control (OFAC),...
The answer is more complicated than might be expected.
Is there a “policy gap” regarding U.S. sanctions targeting the IRGC and its designated agents or affiliates? Proposed legislation seems to think so, yet I am skeptical that this is the case.
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?
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...
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.