• May 18, 2024

The Only Comprehensive Resource on U.S. Economic Sanctions

Category : Tyler Cullis

President Amends Cyber Sanctions Executive Order, Sanctions High-Level Russian Government

<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/president-amends-cyber-sanctions-executive-order-sanctions-high-level-russian-government-targets/"></div>On December 29, 2016, President Obama amended Executive Order 13694 – otherwise known as the ‘Cyber Sanctions Executive Order’ – to provide additional authority to the Secretary of the Treasury, acting in concert with the Secretary of State and the Attorney General, to impose blocking sanctions on persons determined to be responsible for or complicit in, or to have engaged in, cyber-enabled activities originating from, or directed by persons located, outside the United States that have the purpose or effect of tampering with, altering, or causing

OFAC Amends ITSR, Permits U.S. Person Training

<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/ofac-amends-itsr-permits-u-s-person-training/"></div>On December 23, 2016, OFAC amended the ITSR – the first substantive amendment to the regulations since the advent of the JCPOA – and effectively inaugurated a major sea change in U.S. licensing policies.<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_the_excerpt --><!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons above via filter

OFAC Issues North Korea-Related General License 1-A

<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/ofac-issues-north-korea-related-general-license-1-a/"></div>OFAC issued General License I-A to the North Korea Sanctions Regulations, rescinding a former license authorization for U.S. financial institutions to open and operate accounts for North Korea’s diplomatic mission and its employees.<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_the_excerpt --><!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis

Does ISA Extension Violate the JCPOA?

<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/does-isa-extension-violate-the-jcpoa/"></div>With enactment of the Iran Sanctions Extension Act, Iran has called for a meeting of the Joint Commission to seek redress for the U.S.'s alleged violation of the JCPOA. <!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_the_excerpt --><!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons above via filter

OFAC Amends Iran FAQs, Issues General License J-1

<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/ofac-amends-iran-faqs-issues-general-license-j-1/"></div>Acting consistent with its pledge to update its Iran-related FAQs as new questions arise from interested parties, OFAC issued revisions to its FAQs and issued General License J-1 amending its previous incarnation.<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_the_excerpt --><!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons above via

Boeing Enters into Contract with Iran Air

<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/boeing-enters-into-contract-with-iran-air/"></div>In a landmark deal, Boeing finalized its contract with Iran Air for the sale of 80 civil passenger aircraft -- a deal valued at $16.6 billion and to be effectuated over the next decade.<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_the_excerpt --><!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons above via

UNSCR 2321 Opens Door for Stronger and More Extensive U.S.

<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/unscr-2321-opens-door-for-stronger-and-more-extensive-u-s-enforcement-of-dprk-sanctions/"></div>The new Security Council resolution has opened the door for the U.S. to utilize its existing sanctions authorities and bring to bear significantly more pressure on North Korea and its benefactors.<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_the_excerpt --><!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons above

OFAC Licenses Airbus’ Sale of Aircraft to Iran

<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/ofac-licenses-airbus-sale-of-aircraft-to-iran/"></div>OFAC reportedly issued its final batch of specific licenses to Airbus for the export or re-export of civil passenger aircraft to Iran. Has risk now been mitigated in the Trump era?<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_the_excerpt --><!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons above via filter

The Real Threat to Iran’s Boeing & Airbus Deals

<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/the-real-threat-to-irans-boeing-airbus-deals/"></div>Last week, the U.S. House of Representatives passed a bill that could effectively bar the export of passenger aircraft to Iran. Yet, the real threat to Boeing and Airbus' deals with Iran stems from the Executive, not Congress.<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_the_excerpt --><!-- AddThis Advanced Settings generic via filter on get_the_excerpt -->&

Escalated Risk Commercially Engaging Iran Post-Trump

<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/escalated-risk-commercially-engaging-iran-post-trump/"></div>Commercial engagement with Iran involves multiple levels of risk. With the election of Donald Trump, the legal risk inherent in dealings with Iran remains relatively the same, but the associated business risk has exploded. <!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_the_excerpt --><!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons