<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/ofac-takes-aim-at-iran-proliferation-facilitators/"></div>The United States Department of the Treasury Office of Foreign Assets Control (“OFAC”) has taken aim at Iran’s nuclear proliferation efforts by placing an Iranian owned bank, Europäisch-Iranische Handelsbank (“EIH”), on the Specially Designated Nationals (“SDN”) list. A few months ago this would have meant that U.S. persons would be prohibited from engaging in transactions […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via
Category : Ferrari Legal, P.C.
<div class="at-above-post-cat-page addthis_tool" data-url="https://sanctionlaw.com/iranian-financial-sanctions-regulations/"></div>The United States Department of the Treasury Office of Foreign Assets Control (“OFAC”) has promulgated a new sanctions program to reflect the mandates of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (“CISADA”). The name of this program is the Iranian Financial Sanctions Regulations (“IFSR”) and it seeks to prevent foreign financial institutions […]<!-- 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/how-long-does-it-take-to-be-removed-from-the-ofac-sdn-list/"></div>In a move that will probably inspire hope in a number of individuals who have been placed on the United States Department of the Treasury Office of Foreign Assets Control (“OFAC”) dreaded Specially Designated Nationals (“SDN”) List, OFAC has announced the removal from that list of twenty-five (25) individuals and entities. As such, U.S. persons […]<!-- 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/new-north-korea-sanctions/"></div>Yesterday, the United States Department of the Treasury Office of Foreign Assets Control (“OFAC”) announced the issuance of a new executive order aimed at leveling sanctions against North Korea. As part of this executive order a number of individuals under of individuals and entities were designated as Specially Designated Nationals (“SDN”). The new sanctions are […]<!-- 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/new-anti-terrorism-sdn-designation/"></div>Yesterday, the United States Department of the Treasury Office of Foreign Assets Control (“OFAC”) designated Muhammad Abdallah Hasan Abu-al-Khayr as a Specially Designated Global Terrorist pursuant to 31 C.F.R. Part 594. As a result of this designation U.S. persons are no longer permitted in engaging in transactions with Al-Khayr. If they violate such prohibition, they […]<!-- 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/clarifications-on-importation-of-iranian-origin-goods/"></div>The other day I wrote about the guidance issued by the United States Department of the Treasury Office of Foreign Assets Control (“OFAC”) in relation to the changes being made to the importation of Iranian-origin goods into the United States in light of the passing of the Comprehensive Iran Sanctions, Accountability, Divestment Act of 2010 […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_the_excerpt