• November 6, 2024

The Only Comprehensive Resource on U.S. Economic Sanctions

Category : Erich Ferrari

Can I Pay You In Rubles?

<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/can-i-pay-you-in-rubles/"></div>Meet the young British lawyer who could unravel the West’s sanctions against Russian and Ukrainian oligarchs. Byline: JAMILA TRINDLE for Foreign Policy Magazine Online From Tehran to Moscow, the Obama administration and its European allies have made targeted sanctions their weapon of choice against rogue governments and those who support them. The business people, political […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_

Rise Of The Sanctioneers

<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/rise-of-the-sanctioneers/"></div>On Friday, Foreign Policy Magazine did a profile on U.K. sanctions lawyer, Maya Lester, for her work in the field of sanctions’ delistings in the EU. For anyone who hasn’t read it, it’s an interesting read and very telling of the differences between those processes in the EU vs. the U.S. For years, Ms. Lester […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via

Smoke On The Horizon: Lobbyists, Retainers, And Russia

<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/smoke-on-the-horizon-lobbyists-retainers-and-russia/"></div>Last week, The Hill reported that lobbyists representing the interests of Russian President Vladmir Putin in the United States have breathed a collective sign of relief that Mr. Putin has not yet been caught up in the sanctions designations that have been applied to some individuals close to him. The article particularly points out notable […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_the_

New Ukraine Sanctions Vs. Old Ukraine Sanctions

<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/new-ukraine-sanctions-vs-old-ukraine-sanctions/"></div>So with the ink still drying on Executive Order (“E.O.”) 13660, the sanctions imposed on March 6, 2014 on those parties contributing to the situation in Ukraine, President Obama signed a new executive order (“Ukraine 2″) today blocking the property of certain individuals contributing to the situation in Ukraine. But what has really changed in […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_the_excerpt -->&

Iranian Bank Accounts: Criminal Or Civil Or Neither?

<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/iranian-bank-accounts-criminal-or-civil-or-neither/"></div>We frequently get calls where clients want to know the “approved” banks in Iran they can work with or have accounts at. As I frequently mention, there are no “approved” Iranian banks, and moreover, all Iranian financial institutions are either blocked (pursuant to Executive Order (“E.O.”) 13599) or they are designated pursuant to other sanctions […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_the_

Payments From Blocked Sources In Non-SDN Delisting Cases

<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/payments-from-blocked-sources-in-non-sdn-delisting-cases/"></div>It may occur from time to time, that a Specially Designated National (SDN) or Blocked Person which has been designated by both the United States Department of the Treasury’s Office of Foreign Assets Control (“OFAC”), and by the United Nations (“U.N.”). This is a particularly plausible scenario since a designation by the U.S. typically triggers […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter

The U.S. Plays Watcher On Ukraine Sanctions

<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/the-u-s-plays-watcher-on-ukraine-sanctions/"></div>Despite the issuance of an Executive Order(“E.O.”) targeting those involved in threatening the peace, security, or stability of Ukraine, as well as those seeking to assert governmental authority in the Crimean region without the authorization of the Government of Ukraine, no parties were designated pursuant to that E.O. This is in contrast to the sanctions […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter

CASE STUDY: OFAC Licensing For Provision Of Brokerage Services To

<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/case-study-ofac-licensing-for-provision-of-brokerage-services-to-third-country-exporter/"></div>Last year, I posted an article about a U.S. company that was engaged in prohibited brokerage services on behalf of a third country entity for the sale of agricultural commodities to Iran. The agricultural commodities in question are those which are generally authorized by the United States Department of the Treasury’s Office of Foreign Assets […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on

“The Court Notes That Three Years Of Radio Silence From

<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/the-court-notes-that-three-years-of-radio-silence-from-ofac-is-troubling/"></div>The words appearing in quotations in the title to this blog post, “The Court notes that three years of radio silence from OFAC is troubling”, are from the Honorable Rudolph Contreras of the United States District Court for the District of Columbia. They were recently written in a Memorandum Opinion in which Judge Contreras dismissed […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_the_

OFAC Upgrades General License D With General D-1

<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/ofac-upgrades-general-license-d-with-general-d-1/"></div>This past Friday, the United States Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) released General License D-1. The effect of this new general license was to expand upon the authorizations provided for in General License D which authorized the export of certain hardware, software, and services incident to personal communications to Iran. […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_