OFAC Issues North Korea-Related General License 1-A
OFAC issued General License I-A to the North Korea Sanctions Regulations, rescinding a former license authorization for U.S. financial institutions…
UNSCR 2321 Opens Door for Stronger and More Extensive U.S. Enforcement of DPRK Sanctions
The new Security Council resolution has opened the door for the U.S. to utilize its existing sanctions authorities and bring…
North Korea Sanctions Get Upgraded, But Will They Work?
Last week, President Obama signed into law the North Korea Sanctions and Policy Enhancement Act of 2016, which sharply expands…
You Have the Right to Remain Silent, But It’s Not Always a Good Idea
Last week, the Office of Foreign Assets Control (“OFAC”) designated Singapore-based Senat Shipping Limited for providing support to a previously…
Treasury Rings in the New Year with DPRK Sanctions
It should be obvious by now that whenever the U.S. faces any sort of national security threat, one of the…
A North Korean State Of Mind
We don’t talk too much about North Korea on this blog. Frankly, there isn’t a lot of movement in that…
OFAC Designates Two North Korean Entities
The United States Department of the Treasury Office of Foreign Assets Control (“OFAC”) has designated both Korea Daesong Bank and…
New North Korea Sanctions
Yesterday, the United States Department of the Treasury Office of Foreign Assets Control (“OFAC”) announced the issuance of a new…