Dealing With Oil Transactions in Southern Sudan: An OFAC Perspective
When Sudan was split and Southern Sudan formed, it raised a lot of questions for U.S. entities seeking to engage…
Round Two: OFAC Enforcement Settles With National Bank of Abu Dhabi
For the second time this week, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) settled…
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…
Well That’s Different…..OFAC Issues General License for Food Exports to Iran and Sudan
All week long I have been getting calls from clients and media about how the alleged “Iran Bomb Plot” was…
Recently De-listed Bank of Khartoum Plans Move Into Kenya
The Sudanese Islamic Bank of Khartoum, recently removed from the list of Specially Designated Nationals (SDN List) administered by the…
OFAC Offers New FAQs and Answers for Blocked and Returned Packages
Yesterday, the United States Department of the Treasury Office of Foreign Assets Control (OFAC) offered new frequently questions and answers…