OFAC’s Licensing Database Released
Pursuant to a Freedom of Information Act (FOIA) Request, the United States Department of the Treasury’s Office of Foreign Assets…
Top 3 Things You Should Know About the New Sanctions Against Iran’s Financial Sector
Last weekend, President Obama signed into law H.R. 1540, known as the National Defense Authorization Act for Fiscal Year of…
Is Yemen The Next Target of Sanctions?
News reports have been coming out in recent days regarding the possibility of France imposing sanctions against Yemen. In light…
OFAC Releases Guidance on Central Bank of Southern Sudan
There have been a lot of questions over recent months concerning the Impact of U.S. economic sanctions imposed upon the…
OFAC Releases Q1 2011 TSRA Report…Is OFAC Getting Faster?
Today, the United States Department of the Treasury Office of Foreign Assets Control (OFAC) released its quarterly report on licensing…
Download Dangers: U.S. Sanctions and Internet Downloads
There was a recent article written on a Slovakian company which had developed anti-virus software that was being downloaded in…
How Will OFAC Address a Cuban Oil Spill?
Recently questions have been asked regarding whether the restrictions found in the Cuban Assets Control Regulations (“CACR”) will bar U.S.…
Return to Sender: Packages Returned Due to OFAC Sanctions
We have been getting an increasing number of calls relating to shipments being returned due to OFAC sanctions. Most people…
OFAC Issues Advisory Alert to Shippers and Freight Forwarders
Today, the United States Department of the Treasury Office of Foreign Assets Control (OFAC) issued an advisory alert to shippers,…
Could Iran-Indonesia Connection Lead to More OFAC Sanctions?
A number of news reports have come out recently indicating that bilateral trade between Indonesia and Iran reached more than…