<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/ofac-makes-a-special-civil-penalties-announcement/"></div>I’m back after an intense trial last week which prevented me from posting on any United States Department of Treasury Office of Foreign Assets Control (“OFAC”) related issues. Fortunately, OFAC seemed to be having a slow week last week and they only published one new announcement which, to my surprise, was another release of civil […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_
Category : Erich Ferrari
<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/once-again-sanctions-penalties-aimed-at-violators-of-cuban-assets-control-regulations/"></div>If we were in Las Vegas, I would tell you to always bet on black. However, when it comes to dealing with United States Department of Treasury Office of Foreign Assets Control (“OFAC”) my advice is to always bet on Cuba. Once again OFAC has issued their monthly report on civil penalties and once again […]<!-- 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/criminal-indictments-issued-against-las-zetas/"></div>In my last post I discussed the significant uptick in designations under the Foreign Narcotics Kingpin Designation Act (“Kingpin Act”) by the United States Department of Treasury Office of Foreign Assets Control (“OFAC”). Amongst the 2009 designations under the Kingpin Act was Las Zetas, an organization believed by the U.S. government to be involved 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/they-just-keep-on-rolling-in/"></div>As I mention about once a week on this blog, the United States Department of Treasury Office of Foreign Assets Control (“OFAC”) has been very aggresive in designating individuals and entities under the The Foreign Narcotics Kingpin Designation Act (“Kingpin Act”). On Monday they designated four (4) more individuals, all of whom are thought to […]<!-- 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/the-effect-of-the-cuban-assets-control-regulations/"></div>It is often hard to gauge the efficacy of the sanctions regulations administered by the United States Department of Treasury Office of Foreign Assets Control (“OFAC”). However, I recently came across an article written by an obvious opponent of U.S. sanctions against Cuba and it had some interesting–although outdated–statistics. According to the article: “Adults lost […]<!-- 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/looking-towards-cuba/"></div>The United States Department of Treasury Office of Foreign Assets Control (“OFAC”) has released a list of authorized Travel Service Providers, Remittance Forwarders, and Carrier Service Providers to Cuba. This list can be found here. Remember, although there has been some easing of the sanctions regulations in recent months, they are still in place and […]<!-- 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/thoughts-on-insurance-and-ofac/"></div>I came across an article today that got me thinking on the impact U.S. sanctions regulations have on the insurance industry. The article is here and discusses a response from the American Insurance Association (“AIA”) regarding a request by California Insurance Commissioner that domestic insurers, “divest any direct investment in Iranian government holdings and require […]<!-- 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-cracking-down-on-columbia-cartels/"></div>The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has designated a Columbian alleged to be involved in significant drug trafficker as a Specially Designated Narcotics Trafficker [SDNT] pursuant to Executive Order 12978. The Columbian, Francisco Antonio Florez Upegui (a.k.a. “Don Pacho”), was targeted along with 18 other individuals, as well as […]<!-- 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/ofac-is-part-of-ohs-ummm-what/"></div>I came across an article this morning that talks about VinSolutions new Advanced Desking module for use by automative sales managers. Apparently the new module allows for multiple deal scenarios for the customer without having to open several applications to do so. It also allows for the ability to roll payments and amounts financed. The […]<!-- 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/the-long-arm-of-ofac/"></div>I came across an article today writen by a British journalist who has been unable to mortgage a home in Britian because he currently has an address in Sudan. According to some of the reasoning used by the Bank of Scotland International, since the United States–through the Office of Foreign Assets Control (“OFAC”)–had brought economic […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on