<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/ofac-enforcement-and-investigations-webinar-tomorrow/"></div>I will be presenting a webinar on OFAC Enforcement and Investigations tomorrow for the Anti-Money Laundering Association. The following topics will be covered: The initiation of OFAC investigations OFAC voluntary self-disclosures OFAC administrative subpoenas OFAC enforcement guidelines The OFAC penalty process If you are interested in registering and attending the link an be found here. […]<!-- 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-designations-added-to-sdn-list-for-iran-and-syria/"></div>Over the past two days, the United States Department of the Treasury Office of Foreign Assets Control (OFAC) has added a number of individuals and entities to the OFAC SDN List. Yesterday, the additions were due to a designation by the United States Department of the Treasury of Bank of Industry and Mine of Iran […]<!-- 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/recently-de-listed-bank-of-khartoum-plans-move-into-kenya/"></div>The Sudanese Islamic Bank of Khartoum, recently removed from the list of Specially Designated Nationals (SDN List) administered by the United States Department of the Treasury Office of Foreign Assets Control (OFAC), has revealed plans to move into Kenya. Such a move would be the first cross border expansion of Islamic finance in East Africa. […]<!-- 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/should-you-request-a-reconsideration-of-your-denied-ofac-license-application/"></div>When the United States Department of the Treasury Office of Foreign Assets Control (OFAC) denies your license request it can be a very deflating and frustrating event. A great deal of time and effort goes into properly drafting an OFAC license and then waiting on word of OFAC’s decision in regards to such license application […]<!-- 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/how-much-longer-will-the-cuba-travel-ban-last/"></div>As has been the case for sometime, the United States Department of the Treasury Office of Foreign Assets Control (OFAC) is administering an increasingly less restrictive travel ban on Cuba. This has naturally led to more and more people visiting the island nation, which shows Cuba’s potential to become a major tourist destination for Americans […]<!-- 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-takes-aim-at-the-haqqani-network/"></div>The United States Department of the Treasury Office of Foreign Assets Control (OFAC) has targeted Badruddin Haqqani for sanctions pursuant to the Global Terrorist Sanctions Regulations. As a result, Haqqani has been targeted as a Specially Designated Global Terrorist (SDGT) and has been placed on OFAC’s List of Specially Designated Nationals (SDNs). The consequences 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/ofac-releases-report-on-terrorist-assets/"></div>Yesterday, the United States Department of the Treasury Office of Foreign Assets Control (OFAC) released its annual report on Assets in the United States of Terrorist Countries and International Terrorism Program Designees. According to OFAC, as of December 31, 2010, blocked assets of those parties who had been designated as OFAC Specially Designated Nationals (SDNs) […]<!-- 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/return-to-sender-packages-returned-due-to-ofac-sanctions/"></div>We have been getting an increasing number of calls relating to shipments being returned due to OFAC sanctions. Most people are perplexed that these seemingly innocuous shipments would be in violation of U.S. economic sanctions administered by the United States Department of the Treasury Office of Foreign Assets Control (OFAC). However, it is important to […]<!-- 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/more-information-on-the-removal-of-bank-of-khartoum-from-ofacs-sdn-list/"></div>Some new details have been leaked concerning the removal of Bank of Khartoum from the list of Specially Designated Nationals (SDNs) administered by the United States Department of the Treasury Office of Foreign Assets Control (OFAC). Last week Bank of Khartoum was removed from the SDN List, where it had been identified and targeted for […]<!-- 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-adds-libyan-sdns-removes-irisl-vessels/"></div>The United States Department of the Treasury Office of Foreign Assets Control (OFAC) has announced the addition of three entities to the list of Specially Designated Nationals (SDNs) designated for being owned or controlled by the Government of Libya. The sanctions imposed against Libya in February of this year, block all property and interests in […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_the_