Embassy Rangoon Requests OFAC Designation
In a cable released by Wikileaks, dating from the summer of 2009, the U.S. embassy in Rangoon, Burma recommended that…
U.S. Government Leaving Gulf Countries in the Dark on Iran Sanctions?
A cable released as part of the ongoing Wikileakscontroversy indicates that the Gulf Countries felt left out of the U.S.…
General Licenses For Payment of Fees for Authorized Legal Services Issued Under Terrorism Sanctions
The United States Department of the Treasury Office of Foreign Assets Control (“OFAC”) has issued general licenses which have expanded…
OFAC Designation Bonanza
The United States Department of the Treasury Office of Foreign Assets Control (“OFAC”) has designated seven individuals and 2 entities…
Levey Goes Before Congress to Report Iran Sanctions Are Working
Today, The United States Department of the Treasury Under Secretary for Terrorism and Financial Intelligence, Stuart Levey, went before the…
OFAC Back on the Offensive, Targets Bank Mellat and Islamic Republic of Iran Shipping Lines
The United States Department of the Treasury Office of Foreign Assets Control (“OFAC”) has designated five corporate officers and ten…
The Anaconda Effect Part II: Economic Death Row
A few days ago I wrote about the fact that banks around the world have been refusing to process transactions…
New Iran Sanctions Aimed At Human Rights Violators
Last week President Obama issued an executive order implementing new sanctions against Iran aimed at those parties deemed to be…
Follow Up on the Haystack Issue
I should have mentioned this in my post last night, but I was caught in thinking about the civil liability…
OFAC Takes Aim At Iran Proliferation Facilitators
The United States Department of the Treasury Office of Foreign Assets Control (“OFAC”) has taken aim at Iran’s nuclear proliferation…