<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/new-civil-penalties/"></div>The United States Department of Treasury Office of Foreign Assets Control (“OFAC”) released its monthly report of civil penalties. Some big names and big numbers this month, including Philips Electronics of North America which was fined $128,750.00 for violations of the Cuban Assets Regulations. While Philips was perhaps this month’s most recognized entity to be […]<!-- 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/some-deletions-from-north-korean-sanctions/"></div>The United States Department of Treasury Office of Foreign Assets Control (“OFAC”), as part of their removal of North Korea as a sanctions program has removed some entities from the bottom of the SDN list. The following entities have been removed: CHOSUNBOHOM (a.k.a. KOREA FOREIGN INSURANCE COMPANY), 123, Rue des Tennerolles, 92210 Saint-Cloud, Paris, France […]<!-- 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/providing-spying-equipment-to-the-islamic-republic-of-iran-sanctions-aside-it-was-wrong/"></div>Yesterday the Washington Times reported that “two European companies — a major contractor to the U.S. government and a top cell-phone equipment maker — last year installed an electronic surveillance system for Iran that human rights advocates and intelligence experts say can help Iran target dissidents”. The two companies were Nokia and German powerhouse SiemensUnder […]<!-- 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-receives-assistance-from-some-new-technology/"></div>My apologies for not posting the past few days, I’ve been glued to the internet for the past few days to get the latest on the situation in Iran. It’s really amazing (and sad at the same time) what’s going on over there. What is equally amazing is that it really seems to be becoming […]<!-- 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/ofac-authorizes-expansion-of-certain-imports-for-sudanese-diplomatic-missions/"></div>The United States Department of Treasury Office of Foreign Assets Control (“OFAC”) has authorized the expansion of the scope of an existing authorization of certain imports for diplomatic or official personnel to include the provision of goods or services in the United States to the diplomatic missions of the Government of Sudan to the United […]<!-- 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/attention-burma-you-got-a-friend-in-canada/"></div>I came across this complaint letter from Canadian Friends of Burma. Apparently they are upset about the registration of two high powered lobbyists, Eddie Goldenberg and Allan Gotlieb, who have been hired by Ivanhoe Mines to lobby the Canadian government regarding foreign investment in Canada. In Mr. Goldenberg’s and Mr. Gotlieb’s registration filing they stated […]<!-- 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/bank-saderat-seeking-to-have-ofac-ban-removed/"></div>There was an article today that came out on Zaywa which states that Bank Saderat, which is becoming privatized this month, will seek to talk with the United States Department of Treasury Office of Foreign Control (“OFAC”), about having a ban against it removed. Currently, U.S. persons are not allowed to engage in any (even […]<!-- 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-vs-the-future-of-the-web/"></div>Reading some other opinions around the web on Google and Microsoft’s suspension of certain services to users in OFAC sanctioned countries inspired me to consider how the United States Department of Treasury Office of Foreign Assets Control (“OFAC”) is going to address transactions and communications taking place via the Web. Take this example for instance, […]<!-- 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/sanctions-2-0-microsoft-google-ban-im-services-to-sanctioned-nations/"></div>A couple of weeks ago Microsoft Corp. suspended access to their instant messaging services to citizens of countries having U.S. sanctions imposed against them. In addition, Google and AOL (rumored) have also taken this stance. Microsoft has confirmed that it no longer provides its Windows Live Messenger service to users in Cuba, Syria, Iran, Sudan […]<!-- 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/volvo-subsidary-gets-fined-there-is-still-an-embargo-against-cuba/"></div>The United States Department of Treasury Office of Foreign Assets Control (“OFAC”) released its monthly list of civil penalties last Friday, May 29. Really no suprises here folks. Three penalities were dished out: two for violations of the Cuban Embargo Program and one for violation of the Sudanese Sanctions Regulations. The largest penalty was levied […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_the_excerpt