As arguably its first major action of the new year, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on January 6 issued a new general license (GL) in response to last month’s fall of the government…
U.S. Sanctions Regulations Blog
Tracking Developments in U.S. and other International Sanctions Regulations
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$1.1 Million OFAC Penalty for Personal Investment in Iran
You may have read that the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on November 15 announced the issuance of a $1.1 million penalty, in a [so far] rare instance of enforcement against an individual for…
US Announces Sweeping Sanctions on Russian related entities on eve of anniversary of Ukraine invasion
Approaching the second anniversary of the Russian war on Ukraine and in the immediate aftermath of opposition leader Aleksy Navalny’s death, the U.S. Departments of State, Treasury, and Commerce today introduced a wide-ranging sanctions on individuals and entities tied to…
U.S. Sanctions Regulations Blog 