Erich Ferrari December 7, 2015 For Whom OFAC Tolls As almost all people reading this blog know, the United States Department of the Treasury's Office of Foreign Assets Control…
Erich Ferrari November 29, 2015 Fallout From New OFAC SDN Designation May Uncover Details on Syria-ISIS Oil Trade Theory Last week, the United States Department of the Treasury's Office of Foreign Assets Control ("OFAC") designated four individuals and six…
Margaret Ververis November 16, 2015 The Conundrum of Contesting a Kingpin Act Designation his past Tuesday, OFAC designated two individuals and two entities pursuant to the Foreign Narcotics Kingpin Designation Act ("the Kingpin…
Erich Ferrari November 13, 2015 See You At The Crossroads: OFAC Says Goodbye to an Old Friend Executive Order 13348 had a good run. But when the United Nations rescinded Security Council Resolution 1521 earlier this year,…
Margaret Ververis November 5, 2015 Compliance for Trade Brokers under the ITSR: When is an OFAC License Required? The Iranian Transactions and Sanctions Regulations ("ITSR") administered by the United States Department of the Treasury's Office of Foreign Assets…
Margaret Ververis October 30, 2015 Gil Travel Enforcement Action Teaches Lesson About Compliance On October 27, 2015, the United States Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) issued a web…
Erich Ferrari September 8, 2015 In Defense of the “Inventory Exception”: Epsilon Electronics Goes All In Readers of SanctionLaw.com may recall an article that I wrote at the beginning of the year concerning the lawsuit brought…
Erich Ferrari June 19, 2015 Having Your Cake and Eating It Too: The Fokker Iran Sanctions Saga Continues Last week, the parties in U.S. v. Fokker Services, B.V. filed their appeals of the United States District Court’s February…
Erich Ferrari May 27, 2015 It’s 2015. Do You Know Where Your Understanding of Russia Sectoral Sanctions Is At? Last spring, when the United States Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) announced that the President…
Erich Ferrari May 17, 2015 Watch Your 602: OFAC Administrative Subpoenas and Non-U.S. Persons If you have any experience dealing with OFAC, the United States Department of the Treasury’s Office of Foreign Assets Control,…