Erich Ferrari September 19, 2011 New Kingpin SDN Designations Last week the United States Department of the Treasury Office of Foreign Assets Control (OFAC) designated a number of individuals…
Erich Ferrari September 5, 2011 OFAC Removes SDN Designtion Last week, The United States Department of the Treasury Office of Foreign Assets Control (OFAC) removed Ali Abdul Mutalib Ali…
Erich Ferrari August 29, 2011 Government’s Jury Instructions in Online Micro Case Give Insight on the Term “Willful” Last week the U.S. Attorneys Office prosecuting Masood Habibion, Mohsen Motamedian and Online Micro, LLC for, among other charges, violations…
Erich Ferrari August 27, 2011 The Big Penalty Era is Back; OFAC Violations Lead to $88 Million for JPMorgan Chase A few weeks ago I wrote a blog posting suggesting that perhaps the era of massive penalties and settlement for…
Erich Ferrari August 18, 2011 Obama Issues New Country Based Syria Sanctions After much media attention regarding the imposition of a new round of sanctions against Syria, President Obama issued a new…
Erich Ferrari August 10, 2011 Cuba People to People Exchanges Begin This Week This week “people-to-people” trips to Cuba, banned since 2003, will resume pursuant to changes in the Cuba sanctions program made…
Erich Ferrari August 9, 2011 Reuters Exclusive on Somali Sanctions and OFAC Yesterday, Reuters came out with an excellent article on the impact of sanctions on Somali pirates. From their article, it…
Erich Ferrari August 7, 2011 OFAC Speaks on Humanitarian Assistance in Somalia and Al-Shabaab At the beginning of last week myself and a number of journalists, most notably Josh Gerstein at Politico who forwarded…
Erich Ferrari August 3, 2011 OFAC De-Lists a Number of SDNs Today The United States Department of the Treasury Office of Foreign Assets Control (OFAC) has removed sanctions on a large…
Erich Ferrari August 2, 2011 U.S. Will Not Prosecute Those Providing Humanitarian Support to Somalia There are reports coming out today that senior administration officials have announced a policy that those providing humanitarian relief to…