• November 7, 2024

The Only Comprehensive Resource on U.S. Economic Sanctions

Category : Erich Ferrari

Kingpin Designations Issued Against Venezuelan Government Officials

<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/kingpin-designations-issued-against-venezuelan-government-officials/"></div>Today, the United States Department of the Treasury Office of Foreign Assets Control (OFAC) designated four individuals pursuant to the Foreign Narcotics Kingpin Designation Act (Kingpin Act). All four of these individuals are senior Venezuelan officials whom OFAC believes to be engaged in material support of the Revolutionary Armed Forces of Colombia’s (FARC) narcotics activities. […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_

OFAC Removes SDN Designtion

<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/ofac-removes-sdn-designtion/"></div>Last week, The United States Department of the Treasury Office of Foreign Assets Control (OFAC) removed Ali Abdul Mutalib Ali from the OFAC Specially Designated Nationals (SDN) List; a list of thousands of individuals and entities who have been targeted for sanctions by the U.S. government. The interesting thing about Mr. Ali’s removal, besides the […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on

OFAC Targets Top Syrian Officials

<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/ofac-targets-top-syrian-officials/"></div>Today the United States Department of the Treasury Office of Foreign Assets Control (“OFAC”) designated three (3) Syrian Government Officials for sanctions pursuant to Executive Order 13573 (E.O. 13573). The Syrian officials designated include Syria’s Foreign and Expatriates Minister Walid Al-Moallem, Syria’s Presidential Political and Media Advisor Bouthaina Shaaban and Syria’s Ambassador to Lebanon Ali […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_

Government’s Jury Instructions in Online Micro Case Give Insight on

<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/governments-jury-instructions-in-online-micro-case-give-insight-on-the-term-willful/"></div>Last week the U.S. Attorneys Office prosecuting Masood Habibion, Mohsen Motamedian and Online Micro, LLC for, among other charges, violations of the Iranian Transactions Regulations (ITR) submitted proposed jury instructions to the United States District Court for the District of Columbia. Within those proposed jury instructions, the Government sought to clarify the phrase “willful violation […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_

The Big Penalty Era is Back; OFAC Violations Lead to

<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/the-big-penalty-era-is-back-ofac-violations-lead-to-88-million-for-jpmorgan-chase/"></div>A few weeks ago I wrote a blog posting suggesting that perhaps the era of massive penalties and settlement for apparent violations of U.S. economic sanctions administered by the United States Department of the Treasury Office of Foreign Assets Control (OFAC) had subsided. This week OFAC proved that the suggestion was premature, when it announced […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on

Download Dangers: U.S. Sanctions and Internet Downloads

<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/download-dangers-u-s-sanctions-and-internet-downloads/"></div>There was a recent article written on a Slovakian company which had developed anti-virus software that was being downloaded in large numbers by users in Tehran. It is believed that the software was being utilized to secure the country’s networks against cyber attacks targeting Tehran’s nuclear program. The problem with the Slovakian based company allowing […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on

Sudan Remains on List of State Sponsors for Terrorism Despite

<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/sudan-remains-on-list-of-state-sponsors-for-terrorism-despite-facts-suggesting-otherwise/"></div>Late last week the United States Department of State released its list Country Reports on Terrorism 2010. This document is an annual report submitted to Congress detailing the terrorist activities of countries and group designated as State Sponsors of Terrorism or Foreign Terrorist Organizations. Prior to the released of this report many believed that Sudan […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_the_excerpt

OFAC Releases Quarterly TSRA Report

<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/ofac-releases-quarterly-tsra-report/"></div>Last Friday The United States Department of the Treasury Office of Foreign Assets Control (OFAC) released its quarterly report on license application determinations made pursuant to the Trade Sanctions Reform and Export Enhancement Act of 2000, commonly referred to as the TSRA Act. As readers of this blog may be aware, TSRA allows for the […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_the_excerpt

Syria General Licenses Promulgated

<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/syria-general-licenses-promulgated/"></div>On the heels of the issuance of a new round of sanctions against Syria, the United States Department of the Treasury Office of Foreign Assets Control(OFAC) has promulgated a series of general licenses to authorize certain transactions with the Syria that are now otherwise prohibited due to the new sanctions. The Syria general licenses promulgated […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_

Obama Issues New Country Based Syria Sanctions

<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/obama-issues-new-country-based-syria-sanctions/"></div>After much media attention regarding the imposition of a new round of sanctions against Syria, President Obama issued a new executive order which not only blocked all property and transactions in blocked property that comes within U.S. jurisdiction owned or controlled by the Government of Syria, but also implements a tailored country based trade ban […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_