<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/sinaloa-cartel-designated-as-foreign-narcotics-drugpin/"></div>The United States Department of Treasury Office of Foreign Assets Control (“OFAC”) has added three new entities today to the SDN list by designation via the Foreign Narcotics Kingpin Designation Act (“Kingpin Act”). Those individuals and entities designated under the Kingpin Act are blocked from engaging in transactions with U.S. persons. Furthermore, any of their […]<!-- 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/hellooooo-havana/"></div>Although the United States Department of Treasury Office of Foreign Assets Control (“OFAC”) issued guidance on the easing of travel restrictions and trade provisions well over a month ago, the news is abuzz today about Obama lifting the sanctions against Cuba. What has occurred is that OFAC on March 11, 2009 issued a general license […]<!-- 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-adds-new-part-to-code-of-federal-regulations-pertaining-to-cote-divoire-sanctions/"></div>Today, the United States Department of Treasury Office of Foreign Assets Control (“OFAC”), has added a new part to the Code of Federal Regulations. This part, found at 31 C.F.R. Part 543, implements Executive Order 13396, “Blocking Property of Certain Persons Contributing to the Conflict in Cote d’Ivoire.” The Cote d’Ivoire Sanctions Regulations blocks transactions […]<!-- 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-adds-new-part-to-code-of-federal-regulations-pertaining-to-cote-divoire-sanctions-2/"></div>Today, the United States Department of Treasury Office of Foreign Assets Control (“OFAC”), has added a new part to the Code of Federal Regulations. This part, found at 31 C.F.R. Part 543, implements Executive Order 13396, “Blocking Property of Certain Persons Contributing to the Conflict in Cote d’Ivoire.” The Cote d’Ivoire Sanctions Regulations blocks transactions […]<!-- 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/hosting-companies-al-qaeda-and-ofac/"></div>Interesting article in The Washington Post the other day. Apparently, terrorists are using U.S.-based hosting companies to host their websites containing recruitment videos and other terrorist propaganda materials. Given the ease and anonymity of these companies’ hosting services, a variety of terrorist organizations have been able to uses these services as a launchpad to rally […]<!-- 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-releases-new-civil-penalties-information-only-one-fine/"></div>The United States Department of Treasury Office of Foreign Assets Control (“OFAC”) has issued its list of civil penalities imposed during the past month. This month only one penalty was imposed. That penalty was a civil fine in the amount of $20,958.38 imposed against Lactalis, USA for violations of the Cuban Assets Control Regulations. OFAC […]<!-- 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-provides-guidance-on-intermediary-bank-transfers/"></div>The United States Department of Treasury Office of Foreign Assets Control released new guidance yesterday that will be useful to banks serving as intermediaries in financial transactions. Under current sanctions programs, OFAC blocks the property and interests in property of entities that are owned or controlled 50% of more by a blocked person on the […]<!-- 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-issues-amendment-to-belarus-general-license/"></div>The United States Department of Treasury Office of Foreign Assets Control (“OFAC”) has amended the Belarus Sanctions General License No. 1-A. This amendment allows for transactions to be authorized with certain blocked persons in Belarus. The amendment officially authorizes all transactions between U.S. persons and Lakokraska OAO and/or Polotsk Steklovolokno from the period of September […]<!-- 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/tamil-foundation-of-cumberland-md-designated-as-sdgt/"></div>The United States Department of Treasury Office of Foreign Assets Control (“OFAC”) has designated the Tamil Foundation of Cumberland, MD as a Specially Designated Global Terrorist (“SDGT”) under the Terrorist Sanctions. OFAC accues the Tamil Foundation of being part of a support network for the Tamil Tigers rebel group, an organization known for rebelling against […]<!-- 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/more-additions-and-removals-from-ofac-sdntk-list/"></div>The United States Department of Treasury Office of Foreign Assets Control (“OFAC”) has released its latest additions, modifications and removals of blocked persons under the Foreign Narcotics Kingpin Designation Act (“Kingpin Act”). In this announcement OFAC stated that eight (“8”) individuals and twenty four (24) entities, mostly based in Peru have been added to the […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_the_excerpt --&