I was quoted in Abu Dhabi-based The National, the leading English-language daily, with quotes in the United Arab Emirates on Wednesday, July 3. More specifically, the quotes are in two articles addressing the latest round of U.S. sanctions that went…
U.S. Sanctions Regulations Blog
Tracking Developments in U.S. and other International Sanctions Regulations
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Farhad Alavi Quoted in the UAE’s The National
I was quoted in Abu Dhabi-based The National, the leading English-language daily, with quotes in the United Arab Emirates on Wednesday, July 3. More specifically, the quotes are in two articles addressing the latest round of U.S. sanctions that went…
Posted in Uncategorized
Will Iran’s Presidential Elections Impact the Sanctions?
With a day left before polls open in Iran, there’s been much press given to this year’s presidential elections in Iran. Some have written these elections off due to the limited power the President holds in Iran and some have…
OFAC Loosens Restrictions on Computing and Telecom-Related Exports to Iran
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) today made a sweeping change to laws governing the exportation by US persons (as defined in the Iranian Transactions and Sanctions Regulations or ITSR) of certain computer, telecommunications,…
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Prosecutors Charge Texas Businessman with IEEPA Violations Following Oil Transactions
A case presently on the docket in the Southern District of Texas is proving to be quite interesting and perhaps indicative of a new trend of Assistant US Attorneys going after individuals for International Emergency Economic Powers Act (IEEPA) violations.…
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More and More Sanctions Prosecutions
A review of federal court dockets throughout the United States highlights a general trend – the U.S. Department of Justice is bringing forth numerous criminal cases against individuals and entities which have traded with Iran in vioation of the US…
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OFAC Designates Iranian Magnate and Malaysian Bank
The Office of Foreign Assets Control (OFAC) today added Iranian businessman Babak Morteza Zanjani and a Malaysian bank connected with him to the Specially Designated Nationals (SDN) list. Zanjani, a largely UAE-based magnate considered by some to be among the…
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Did Beyonce and Jay-Z’s Cuba Trip Violate OFAC Sanctions?
Monday’s news was full of reports that pop stars Beyonce and husband Jay-Z may have violated US trade sanctions laws by traveling to Cuba last week. Now Congresswoman Ileana Ros-Lehtinen (R-FL) and Congressman Mario Diaz-Balart (R-FL) want to find out,…
US and EU Sanctions – Cases of Zimbabwe and Iran
Al Jazeera yesterday carried a report that the European Union intends to lift sanctions on certain individuals affiliated with the Zimbabwean government. This, along with recent news regarding Iranian banks winning lawsuits in the EU General Court over their allegedly wrongful…
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Observations of the Banking Sanctions Landscape from the UAE
I was in Abu Dhabi and Dubai on business last week and spent quite a bit of time trying to determine what is going on there with respect to sanctions on Syria and Iran. Speaking with different people in various…
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