OFAC Amends ITSR, Permits U.S. Person Training
On December 23, 2016, OFAC amended the ITSR – the first substantive amendment to the regulations since the advent of…
OFAC Amends Iran FAQs, Issues General License J-1
Acting consistent with its pledge to update its Iran-related FAQs as new questions arise from interested parties, OFAC issued revisions…
Mixed Messages: Is the Obama Administration on the Same Page Regarding JCPOA Implementation?
Secretary Kerry recently stated that banks need only conduct "normal due diligence" for Iran-related transactions. If true, that'd be news…
PIJIC Blocked, But Not Identified
As subscribers to the paid portion of SanctionLaw already know, we’ve obtained a lot of information pursuant to Freedom of…
Websites for Marketing of Dietary Supplements to Iran Exempt Under the Information or Informational Materials Exemption
As readers of this blog may know, dietary supplements are generally authorized for export to Iran, pursuant to the general…
Head Scratcher of the Week: S.Res.251
Last Thursday, Rep. Johnson (R-Wis) introduced a Senate resolution concerning the validity of the Joint Comprehensive Plan of Action ("JCPOA").…
Standard Chartered Bank OFAC Violations Scorecard
The internet is abuzz with news of the announcement yesterday that Standard Chartered Bank (SCB) has settled their allegations of…