Erich Ferrari July 30, 2010 Are These The Final Days of the ITR General Licenses? As we all know by now new legislation has been enacted to strengthen U.S. economic sanctions against Iran. However, what…
Erich Ferrari May 21, 2010 OFAC Continues To Authorize More Cuba Service Providers The United States Department of the Treasury Office of Foreign Assets Control (“OFAC”) has approved 42 new travel and remittance…
Erich Ferrari April 6, 2010 New OFAC TSRA Quarterly Report Indicates Backlog The United States Department of the Treasury Office of Foreign Assets Control (OFAC) issued its quarterly report on license determinations…
Erich Ferrari March 17, 2010 To Non-U.S Bank or to U.S. Bank; That is the Question There are a number of things confusing about the sanctions regulations administered by the United States Department of the Treasury…
Erich Ferrari March 5, 2010 OFAC ISSUES TERRORISM ASSETS REPORT The Department of the Treasury Office of Foreign Assets Control (OFAC) earlier this week issued its Calendar Year 2009 Eighteenth…
Erich Ferrari March 4, 2010 Major Changes on the Horizon for Iranian Sanctions This blog is normally devoted strictly to issues surrounding the sanctions programs administered and enforced by the United States Department…
Erich Ferrari February 20, 2010 OFAC And The Haystack I read and commented on an interesting Op-Ed by Richard Cohen of the New York Times today. The Op-Ed discussed…
Erich Ferrari February 16, 2010 Belarus Sanctions Added to Code of Federal Regulations A few weeks ago, the United States Department of the Treasury Office of Foreign Assets Control (“OFAC”), added a new…
Erich Ferrari December 19, 2009 OFAC Caps off a Huge 2009 With Their Biggest Settlement Ever In a year of absolutely huge fines and settlements for violations of sanctions programs, the United States Department of the…
Erich Ferrari November 18, 2009 ANZ Got the Message A few months ago I wrote on the large amount of money ANZ Bank had to pay to the United…