U.S. Sanctions Regulations Blog
Tracking Developments in U.S. and other International Sanctions Regulations
Iran and the “P5+1” countries (the United States, United Kingdom, France, Russia, China, and Germany) reached a landmark understanding today. This agreement involved strict limitations and very strict inspections on Iran’s nuclear program, which President Obama claims to be the…
As I often tell my clients, there are major differences in what U.S. sanctions laws on Iran allow and and what actually can happen logistically, the key being that the latter is generally somewhat more narrow and limited than the former. Most…
There have been a number of reports in recent days that the European Union may ramp up sanctions against Russia following the continuation of the crisis in Ukraine and the Crimea. While there were reports of the EU removing certain…
OFAC this week issued a new general license expanding the range of informational technology (IT) related goods and services U.S. persons can now export to Sudan. The amended general license, which went into effect on February 18, is incorporated into the…
Following allegations that the Democratic People’s Republic of Korea (DPRK, or more commonly, North Korea) was involved in certain cyber-terrorist activities involving Sony Pictures, President Obama moved on Friday, January 2 to add to the North Korean sanctions regime by…
President Barack Obama today announced a major policy shift making a significant turn in an over half-century theme in U.S. Cuba relations. This change will bring about a vastly different landscape in bilateral relations and therefore the nature of the U.S.…
Reuters carried a story Sunday about the Office of the U.S. Attorney in the Southern District of New York (SDNY) investigating London-based Standard Chartered bank (known by many as “StanChart”) for potential violations of U.S. sanctions against Iran. According to…
Moments ago, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) released a two page primer on its position on humanitarian assistance to sanctioned jurisdictions. Although this document is not binding in the sense that it is…
The so-called P5+1 and Iran have decided to extend talks on Iran’s nuclear program for another four months – extending the deadline (which would have been today) till November. What this effectively means is that the sanctions relief afforded Iran…
Both the United States and the European Union took further steps today to sanction certain entities within the government of the Russian Federation following the incursion by Russian forces into the Crimea in Ukraine. This action dovetails yesterday’s vote in the…
U.S. Sanctions Regulations Blog 