<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/will-congress-undermine-u-s-policy-with-new-iran-sanctions-bill/"></div>For those of you who follow U.S. economic sanctions closely, particularly those targeting Iran, you will be familiar with a section found in the new Iran sanctions bill, the Iran Threat Reduction and Syria Human Rights Act of 2012, dealing with unblocking of certain Iranian financial assets. This new section effectively directs Citibank to unfreeze […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_the_
Category : Erich Ferrari
<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/whats-the-meaning-of-executive-order-13599-and-the-july-12-2012-sdn-designations/"></div>We have been getting a host of questions recently, particularly from foreign companies, regarding the designation of twenty (20) private Iranian financial institutions by the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) on July 12, 2012. These Iranian financial institutions were designated pursuant to Executive Order 13599 and placed on […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_the_
<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/ofacs-actual-guidance-on-irans-earthquake/"></div>Yesterday, I wrote a blog posting on the impact of U.S. economic sanctions administered by the United States Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) on the earthquake relief effort in Iran. In that blog posting, I mentioned a few things that could be done under current general licenses and exemptions, and […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on
<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/ofac-guidance-on-iran-earthquake-relief/"></div>Over the weekend two large earthquakes occurred in northwestern Iran. Due to the magnitude of these earthquakes, hundreds died, thousands were injured, and tens of thousands were left without shelter or basic human necessities like potable water, food, and medicine. Due to the imposition of an extensive sanctions program by the U.S. targeting Iran, there […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_
<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/u-s-sanctions-week-august-1-8-2012/"></div>Last Wednesday, I stepped into a courtroom to handle a very short trial. When I came out of the daze of trial, I realized that I had missed an incredibly busy week in the world of U.S. economic sanctions. Here are some of the highlights of what happened and my thoughts on them. 1. Standard […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on
<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/obama-one-ups-congress-imposes-new-iran-sanctions/"></div>Today, everyone was talking about the agreement members of the House and Senate came to on a new Iran sanctions bill. However, the news that caught my eye was the issuance of a new executive order and several new designations under the Comprehensive Iran Sanctions Accountability and Divestment Act of 2010 (“CISADA) and the Iranian […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_the_excerpt
<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/ofac-issues-circular-2012-provides-more-guidance-on-cuba-tsp-program/"></div>The United States Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) is becoming more and more generous with their guidance these days. Yesterday, OFAC released the 2012 Circular which provides an overview of the licensing and compliance requirements for those seeking to gain authorization under the Cuba Travel, Carrier, and Remittance Forwarder Service […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_
<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/ofac-sdn-reconsiderations-through-twitter/"></div>Maybe its a sign of the times, but yesterday I witnessed a group of tweeters (not sure if this is the proper nomenclature) petitioning the United States Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) to remove the name of Corporacion Deportiva America from the OFAC Specially Designations Nationals and Blocked Persons List […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_
<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/ofac-kingpins-put-on-the-sdn-list-ofac-kingpins-removed-from-the-sdn-list/"></div>Today, the United States Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) announced a host of new designations pursuant to the Foreign Narcotics Kingpin Designation Act (“Kingpin Act”), as well as a number of removals from that OFAC SDN List of those formerly designated under the Kingpin Act and Executive Order 12978. This […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_the_
<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/flag-day-ofac-warns-against-flagging-irisl-vessels/"></div>Yesterday, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued advisory guidance concerning the activities of the Islamic Republic of Iran’s Shipping Lines (IRISL). For those of you who haven’t been keeping up with OFAC administered sanctions programs over the last five or six years, IRISL, its entities, and its […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter