<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/diamond-traders-say-they-are-not-being-impacted-by-sanctions/"></div> I recently wrote about two diamond mining companies, Mbada Diamonds and Marange Resources, that were placed on the list of Specially Designated Nationals and Blocked Persons (SDN List) administered by the United States Department of the Treasury Office of Foreign Assets Control (OFAC). Spokesmen for these companies have recently come out to state that […]<!-- 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/ofac-targets-two-iranians-for-sdn-designation/"></div>Yesterday, the United States Department of the Treasury Office of Foreign Assets Control (OFAC) and the United States Department of State targeted for economic sanctions two Iranian senior officials for their alleged involvement in human rights abuses in violation of Executive Order (E.O.) 13553. The two officials were Hassan Firouzabadi, the Chairman of Iran’s Joint […]<!-- 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/is-ofacs-sdn-search-tool-accurate/"></div>Last week the United States Department of the Treasury Office of Foreign Assets Control (OFAC) introduced a new search tool on their website which allows users to search for the names of individuals and entities on OFAC’s Specially Designated Nationals and Blocked Persons List (SDN List). The tool is simply called simply SDN Search. 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/will-the-eu-sanction-iranian-oil/"></div>Today there are variety of reports regarding Iranian Oil Minister Rostam Qasemi’s statement that the EU would not sanction Iranian oil exports because it would harm the global crude market. EU leaders have recently been calling for increased sanctions against Iran due to Tehran’s disputed nuclear program. This has included discussions on new sanctions targeting […]<!-- 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/new-ofac-sdn-designations-under-zimbabwe-sanctions/"></div>On Friday, the United States Department of the Treasury Office of Foreign Assets Control (OFAC) placed two new entities to the list of Specially Designated Nationals and Blocked Persons (SDN List) pursuant to the Zimbabwe sanctions. The U.S. sanctions program against Zimbabwe targets those individuals and entities engaged in the undermining of democratic processes in […]<!-- 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-policy-on-exporting-animals-to-burma/"></div>We recently received a question regarding whether or not the export of animals from the United States to Burma would be prohibited by current economic sanctions targeting that country. Moreover, the question asked whether the United States Department of the Treasury Office of Foreign Assets Control (OFAC) would be open to licensing such exports given […]<!-- 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/what-the-new-iran-sanctions-could-look-like/"></div>There has been a lot of talk over the past week about a new amendment to pending legislation that will impose new sanctions on Iran. A lot of the discussion has revolved around the Obama administration’s opposition to this latest round of sanctions. Essentially, the administration believes that imposing these sanctions at this time would […]<!-- 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/getting-to-know-ofac-former-kingpin-sanctions-investigator-sits-down-for-an-exclusive-interview/"></div>On Sanction Law we are hosting a new series, “Getting to Know OFAC”, in which we engage in a question and answer session with former OFAC officials, government policy makers, and OFAC practitioners. For our inaugural posting we had the pleasure of interview Mr. Michael Romero a former OFAC sanctions investigator in the Office of […]<!-- 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/what-are-iran-sanctions/"></div>It’s come to my attention as of late that there is quite bit of confusion regarding what Iran sanctions are. Some believe the sanctions are completely statutory as mandated in the Iran Sanctions Act (ISA) and the Comprehensive Iran Sanctions, Accountability, Divestment Act of 2010 (CISADA). Others focus on just the regulatory trade ban found […]<!-- 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/new-ofac-civil-penalties-announced/"></div>Yesterday, the United States Department of the Treasury Office of Foreign Assets Control (OFAC) announced the settlement of two matters related to violations of the Iranian Transactions Regulations (ITR). The settlement amounts in these matters were relatively small coming in at $15,000 and $5,400 respectively. In the first matter, Wilson Tool International was found to […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_the_excerpt --&