<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/ofac-continues-to-authorize-more-cuba-service-providers/"></div>The United States Department of the Treasury Office of Foreign Assets Control (“OFAC”) has approved 42 new travel and remittance service providers this year signaling a change in the Obama administration’s policy. No new travel and remittance service providers were approved in 2009. OFAC’s list of authorized providers of air, travel and remittance forwarding services […]<!-- 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-designates-individuals-with-alleged-ties-to-farc/"></div>The U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) has designated as two Colombians they believe to be involved in money laundering on behalf of various organizations, including the Fuerzas Armadas Revolucionarias de Colombia (“FARC”) as drug kingpins (“SDNTKs”). In addition, OFAC has named 17 individuals and 12 entities as Specially Designated […]<!-- 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/al-haramain-ofac-designation-based-on-illegal-evidence/"></div>No surprise to consistent readers of this blog that the court’s ruling in al-Haramain was a major blow to the Department of Justice, as well as to The United States Department of the Treasury Office of Foreign Assets Control (“OFAC”). OFAC had originally blocked the funds of and conditionally designated the al-Haramain Islamic Foundation pending […]<!-- 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/clarification-on-somalia-pirate-sanctions/"></div>Much to the chagrin of Captain Jack Sparrow, the Obama Administration has offered some insight into what the new sanctions aimed at Somalia entail. According to a recent news article, White House officials have met with maritime industry leaders and are stating that they want shipowners to seek US approval before paying ransom to Somali pirates. The […]<!-- 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/lots-of-new-removals-from-the-sdn-list/"></div>In a move that attorneys representing Specially Designated Nationals (“SDN”) can appreciate, the United States Department of the Treasury Office of Foreign Assets Control (“OFAC”) has removed 14 previously designated individuals and entities from the SDN list. As such, U.S. persons are no longer prohibited from engaging in transactions with these individuals. The persons removed were […]<!-- 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/haystack-is-a-go/"></div>When the United States Department of the Treasury Office of Foreign Assets Control (“OFAC”) issued a general license permitting the export of internet based personal communications software and services to Iran, Cuba, and Sudan last month, many believed that the creators of Haystack, an anti-censorship software, were off the hook in terms of seeking authorization […]<!-- 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/new-sanctions-issued-against-somalia-related-targets/"></div>Effective today, April 13, 2010, the United States Government is in the business of maintaining and administering economic sanctions against certainin individuals and persons related to their activities in Somalia. The sanctions are a subject based sanctions program which means that they target specific individuals and entities placed in the Annex to the Executive Order. […]<!-- 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/ofac-struggling-to-track-changing-names/"></div>According to a recent article from the Wall Street Journal, Iran’s state shipping company has changed the names and ownership of most of its vessels to avoid U.S. sanctions. However, the article goes on to say that the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC””) has yet to update the Specially Designated Nationals (SDN) list […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis
<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/aircraft-safety-in-iran-ofac-is-not-entirely-in-the-way/"></div>I have heard from numerous Iranian nationals recently that they believe many of the Iranian civil airplane crashes that have taken place could have been avoided if they Iranians were allowed to import from the U.S., and U.S. persons allowed to export to Iran, civilian aircraft parts. Essentially, they believe U.S. sanctions are to blame […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter
<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/new-ofac-tsra-quarterly-report-indicates-backlog/"></div>The United States Department of the Treasury Office of Foreign Assets Control (OFAC) issued its quarterly report on license determinations under the Trade Sanctions Reform and Export Enhancement Act (TSRA) program. The report on TSRA program covered the issuance of license determinations for exportation of agricultural commodities, medicine, and medical devices to Iran and Sudan. Initial […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_