<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/iran-unconcerned-about-proposed-central-bank-sanctions-designation/"></div>Iran is dismissing threats by the United States that sanctions would be imposed upon the Central Bank of Iran as retaliation for an the alleged “Iran Terror Plot”, Iran contends that even if the U.S. were to attempt to move forward with the designation that the United Nations would block the plan and other central […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_
Category : Erich Ferrari
<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/ofac-releases-guidance-on-central-bank-of-southern-sudan/"></div>There have been a lot of questions over recent months concerning the Impact of U.S. economic sanctions imposed upon the country of Sudan on the newly formed nation of Southern Sudan. As has been reported on by numerous sources, including The United States Department of the Treasury Office of Foreign Assets Control (OFAC) the prohibitions […]<!-- 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-releases-q1-2011-tsra-report-is-ofac-getting-faster/"></div>Today, the United States Department of the Treasury Office of Foreign Assets Control (OFAC) released its quarterly report on licensing under the Trade Sanctions Reform and Export Enhancement Act of 2000 (TSRA). TSRA allows U.S. persons to apply for specific license authorization from OFAC to export agricultural commodities to Cuba and medicine and medical devices […]<!-- 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/all-signs-point-to-the-central-bank-of-iran-joining-the-sdn-list/"></div>Yesterday, I wrote about the strange development of OFAC issuing a general license to export food to Iran despite the alleged bomb plot thwarted earlier this week. Today, I consider the other side of the story which is deals with the talk coming from both the White House and Congress that Iran will face the […]<!-- 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/well-thats-different-ofac-issues-general-license-for-food-exports-to-iran-and-sudan/"></div>All week long I have been getting calls from clients and media about how the alleged “Iran Bomb Plot” was going to impact sanctions against Iran. Many people, a number of which who have pending license applications before the United States Department of the Treasury Office of Foreign Assets Control (OFAC), were terrified that OFAC […]<!-- 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/senator-seeks-removal-of-zimbabwe-sanctions/"></div>U.S. Senator Jim Inhofe has reintroduced the Zimbabwe Sanctions Repeal Act of 2011 in an attempt to remove economic sanctions imposed on that country nearly a decade ago with the Zimbabwe Democracy and Economic Recovery Act of 2001 (Zidera). Zidera is codified at 22 U.S.C. 2151. According to a release from Senator Inhofe’s office, the […]<!-- 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/another-ieepa-criminal-conviction-for-dealings-with-iran/"></div>Jeng “Jay” Shih, and his company, Sunrise Technologies and Trading Corporation, have plead guilty for conspiracy to illegally export United States-origin computers from the United States to Iran through Dubai, UAE. Due to charge being conspiracy, the maximum sentence is five years in prison and $1 million in criminal fines, as opposed to the traditional […]<!-- 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/even-more-syria-clarifications/"></div>It’s no wonder everything is so delayed over at the Treasury Annex building these days, it seems that the The United States Department of the Treasury Office of Foreign Assets Control (OFAC) is exerting most of their energy dealing with the latest rounds of Syria sanctions. In recent months, OFAC has issued fourteen (14) general […]<!-- 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/ofac-issues-syria-general-licenses-13-and-14/"></div>The trend of general licenses being issued by the United States Department of the Treasury Office of Foreign Assets Control (OFAC) in relation to sanctions against Syria was continued today, when OFAC issued Syria General Licenses 13 and 14, which deal with payments for overflights and emergency landings and with transactions related to telecommunications, respectively. […]<!-- 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/david-cohens-big-splash-sanctions-on-chinese-banks/"></div>It is being reported that U.S. Undersecretary for Terrorism and Financial Intelligence, David Cohen, has warned a number of Chinese banks that they could face blacklisting and U.S. economic sanctions for transaction with blocked Iranian entities, including Moallem, an Iranian insurance company already designated as a Specially Designated National (SDN). Moallem is accused of providing […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on