• November 6, 2024

The Only Comprehensive Resource on U.S. Economic Sanctions

Category : Erich Ferrari

Could Iran-Indonesia Connection Lead to More OFAC Sanctions?

<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/could-iran-indonesia-connection-lead-to-more-ofac-sanctions/"></div>A number of news reports have come out recently indicating that bilateral trade between Indonesia and Iran reached more than $1 billion USD in 2010; an increase of more than 20% over the previous year. There is some speculation by members of the Indonesian Government that this could increase further if energy was included. Currently […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_the_excerpt -->&

Three (3) Keys to Drafting an OFAC Specific License Application

<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/three-3-keys-to-drafting-an-ofac-specific-license-application/"></div>When one hears the term OFAC specific license application they imagine a form or a questionnaire type document. This is false. An OFAC specific license application is actually a formal written document akin to a written letter which lays out a transaction which would normally be prohibited, but for which the applicant seeks authorization from […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_

OFAC Publishes the Iranian Human Rights Abuses Sanctions Regulations

<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/ofac-publishes-the-iranian-human-rights-abuses-sanctions-regulations/"></div>Last September, President Obama issued Executive Order 13553 which called for the identification and targeting for sanctions of parties engaged in serious human rights abuses in Iran or against Iranian citizens and their family members. Those parties targeted are to be placed on the Specially Designated Nationals List, otherwise referred to as the OFAC SDN […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_the_excerpt

OFAC Iran Sanctions Panel Discussion Next Week

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New OFAC SDN List Designations Related to Terrorism Added

<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/new-ofac-sdn-list-designations-related-to-terrorism-added/"></div>Today the United States Department of the Treasury Office of Foreign Assets Control (OFAC) targeted a number of individuals and entities for designation on OFAC’s SDN List. Those designations were made pursuant to the Global Terrorism Sanctions Regulations. These designations were made in an effort to target the financial and support networks of al-Qa’ida, the […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on

OFAC Offers New FAQs and Answers for Blocked and Returned

<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/ofac-offers-new-faqs-and-answers-for-blocked-and-returned-packages/"></div>Yesterday, the United States Department of the Treasury Office of Foreign Assets Control (OFAC) offered new frequently questions and answers to their website. The questions added to the Frequently Asked Questions section of OFAC’s website were: “I tried to ship a package and it was returned to me “due to OFAC sanctions.” Why?” and “I […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_

Top 5 Keys to Removing a Name from the OFAC

<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/top-5-keys-to-removing-a-name-from-the-ofac-sdn-list/"></div>I have seen a lot of misinformation being stated on the internet and elsewhere about removing one’s name from the OFAC SDN List. Therefore, I dedicate this post to providing some keys for those seeking removal of an SDN designation to follow. Key #1: An OFAC SDN List removal is an administrative matter. It is […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_

OFAC Places SDNTK Designation on “Band of Narcotics Trafficking Brothers”

<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/ofac-places-sdntk-designation-on-band-of-narcotics-trafficking-brothers/"></div>Today the United States Department of the Treasury Office of Foreign Assets Control (OFAC) designated four Mexican brothers as Specially Designated Nationals (SDNs). The four brothers are Daniel Rodriguez Olivera, Esteban Rodriguez Olivera, Luis Rodriguez Olivera, and Miguel Rodriguez Olivera. OFAC has referred to these brothers as the “Band of Narcotics Trafficking Brothers” and placed […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_the_

OFAC’s Cuba Sanctions Program Continues to Become Less Restrictive

<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/ofacs-cuba-sanctions-program-continues-to-become-less-restrictive/"></div>Last Friday the United States Department of the Treasury Office of Foreign Assets Control (OFAC) announced changes to the Cuban Assets Control Regulations (CACR) which have made the CACR less restrictive. This easing of sanctions against Cuba is not surprising; ever since the Obama Administration came into office the Cuba sanctions have taken a back […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_the_

OFAC Kingpin SDN Designations Come Pouring In

<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/ofac-kingpin-sdn-designations-come-pouring-in/"></div>Today the United States Department of the Treasury Office of Foreign Assets Control (OFAC) designated a number of individuals under the Foreign Narcotics Kingpin Designation Act (Kingpin Act) and its corresponding regulations. According to OFAC, these designations are linked to purported Lebanese narcotics trafficker Ayman Joumaa, as well as nine individuals and 19 entities connected […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_the_excerpt