<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/ninth-circuit-denies-governments-petition-for-rehearing-in-al-haramain/"></div>Yesterday, the Ninth Circuit Court of Appeals denied the government’s petition for rehearing in Al Haramain Islamic Foundation, Inc. v. United States Department of the Treasury. In doing so the Ninth Circuit made a few changes to the decision they had issued on September 23, 2011. The first change was to delete the following language […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_the_excerpt
Category : Erich Ferrari
<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/ofac-amends-the-iranian-financial-sanctions-regulations/"></div>Today, the United States Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) amended the Iranian Financial Sanctions Regulations (“IFSR”) in light of the mandates of Section 1245 of the National Defense Authorization Act (“NDAA”). This new amendment accomplishes a number of things which have been outlined below: 1. Updates in light of NDAA […]<!-- 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-a-flurry-of-tco-designations/"></div>Yesterday, the United States Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) made its first mass designations under the Transnational Criminal Organizations (“TCO”) Sanctions. This is inline with statements made by a senior OFAC official last week at the OFAC International Trade Symposium who said that we would soon be seeing OFAC becoming […]<!-- 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-penalizes-dallas-company-for-dealings-with-richard-chichaklis-assets/"></div>One of the most public OFAC SDN reconsideration cases, that dealing with former Texas resident, Richard Chicakli, has added a new chapter. Yesterday, OFAC penalized Richland Trace Homeowners Association, Inc. of Dallas, Texas, $9,000 USD for dealing in assets in which Mr. Chicakli had an interest. Mr. Chichakli is designated as a Specially Designated National […]<!-- 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/what-triggers-an-ofac-investigation/"></div>Often times when clients are gauging whether or not to report an apparent violation of a U.S. economic sanction program they ask themselves the question: “How will OFAC ever find out?” This is a question that we have heard over and over again, so I thought it may make sense to go over some of […]<!-- 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/irans-intelligence-ministry-designated-by-ofac/"></div>On Thursday the United States Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) designated Iran’s intelligence ministry, Iranian Ministry of Intelligence and Security (“MOIS”), under three separate OFAC administered sanctions programs. MOIS was designated pursuant to the Global Terrorism Sanctions Regulations, the Syria Sanctions, and the Iranian Human Rights Sanctions. These designations place […]<!-- 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/teledyne-technologies-settles-ofac-violations/"></div>Two weeks ago, the United States Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) announced that a settlement was reached with Teledyne Technologies and its subsidiary, Teledyne RD Instruments, concerning apparent violations of the Sudanese Sanctions Regulations. The apparent violations concerned the indirect export of Acoustic Doppler Current Profilers. The total amount of […]<!-- 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/2nd-annual-ofac-international-trade-symposium-wrap-up/"></div>Yesterday, the United States Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) held it’s second annual international trade symposium at the National Press Club. In attendance were countless OFAC officials and around 500 or so individuals with a great interest in OFAC. The event was closed to the press, which is ironic considering […]<!-- 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/ofacs-licensing-database-released/"></div>Pursuant to a Freedom of Information Act (FOIA) Request, the United States Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) has released a list of parties holding OFAC licenses under a variety of different sanctions programs. This list not only includes the organizations holding licenses, but also the attorneys or the companies that […]<!-- 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-tsra-licensing-office-seems-to-be-running-smoothly/"></div>Yesterday, the United States Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) released their TSRA licensing reports for the 2nd and 3rd quarters of 2011. For those new to OFAC or to this blog, TSRA stands for Trade Sanctions Reform and Export Enhancement Act of 2000, and is the law allowing OFAC to […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_the_excerpt