<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/no-more-rugs-pistachios-or-caviar-all-iranian-origin-imports-banned/"></div>After waiting anxiously for the past six (6) weeks, OFAC has finally issued guidance on how the import ban found in the Comprehensive Iran Sanctions, Accountability, Divestment Act of 2010 (“CISADA”) would be reflected in the Iranian Transactions Regulations (“ITR”). The main question a lot of people were asking was whether the general license authorizing […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_the_excerpt --&
Category : Erich Ferrari
<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/transocean-slapped-with-an-ofac-administrative-subpoena/"></div>An offshore drilling company already under heavy scrutiny for its role in the BP oil spill has now been served with an administrative subpoena by the United States Department of the Treasury Office of Foreign Assets Control (“OFAC”). The company, Transocean Ltd. is being requested by OFAC to turn over information about its operations in […]<!-- 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/are-these-the-final-days-of-the-itr-general-licenses/"></div>As we all know by now new legislation has been enacted to strengthen U.S. economic sanctions against Iran. However, what does that mean for the average Iranian-American and Iranian-American small business owners? These are the questions I have been fielding all month long from very concerned Iranian-Americans all over the U.S. While the answers are […]<!-- 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/more-thoughts-on-ofacs-new-attorneys-fees-policy/"></div>Yesterday, I wrote about the new guidance the United States Department of the Treasury Office of Foreign Assets Control (“OFAC”) issued regarding payment of attorneys fees and litigation costs from blocked sources. Today as I was reading a blog posting on Export Law Blog, I started thinking about the impact this policy would have on […]<!-- 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-modifies-barely-policy-on-payment-of-legal-fees-from-blocked-funds/"></div>For a number of years the United States Department of the Treasury Office of Foreign Assets Control (“OFAC”) has instituted caps on the amount of money that can be paid by Specially Designated Nationals (“SDNs”) from blocked sources for legal representation in seeking to remove their designation or blocking. Previously, attorneys providing legal services to […]<!-- 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-more-kingpin-act-designations/"></div>The United States Department of the Treasury Office of Foreign Assets Control (“OFAC”) has designated two Mexican business entities as Specially Designated Narcotics Trafficking Kingpins (“SDNTK”) under the Foreign Narcotics Kingpin Designation Act (“Kingpin Act”). As a result of the designations the two entities in question, Arte y Diseno de Culiacan S.A. de C.V and […]<!-- 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/will-new-iran-sanctions-change-the-face-of-los-angeles/"></div>As an area housing a large Iranian American community, Western Los Angeles is landscaped by numerous Persian restaurants, Persian groceries stores with signs written in Farsi, and of course countless Persian/Oriental rug stores, many of which have very Persian names attached to them such as: Mehraban, Mansour, and Aga John. For centuries, Persian rugs, known […]<!-- 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/world-check-designates-terrorist-years-before-ofac-does/"></div>Earlier today one of the largest databases of blocked persons on the Internet, World Check, issued a press release stating that they are so effective that they were able to identify and place a warning to users of their service regarding a certain Chechen terrorist 5 years before The United States Department of the Treasury […]<!-- 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/russian-designated-as-specially-designated-global-terrorist/"></div>The United States Department of the Treasury Office of Foreign Assets Control (“OFAC”) has designated alleged Chechen Warlord Doku Omarov as a Specially Designated Global Terrorist. According to certain sources, Omarov has personally taken responsibility for terrorist attacks in which dozens of civilians have been killed, and has been implicated in others. In addition to […]<!-- 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/just-say-no-prohibitions-on-havaleh-between-the-u-s-and-iran/"></div>I was recently asked by the Public Affairs Alliance of Iranian Americans (“PAAIA”) to write a short article on the use of havaleh (hawala) between the U.S. and Iran. As readers of this blog may know there was a recent criminal case in New York where an Iranian American was convicted of violations of the […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_