JCPOA-related Waived U.S. Sanctions Snap Back on Iran

On August 7, 2018, the U.S. reinstated the first wave of sanctions against Iran as the 90-day wind-down period concluded. The Trump administration reimposed sanctions that prohibit Iran purchasing U.S. banknotes, commercial aircraft, trading gold and metals, and business with Iran’s automotive sector. The snapback provisions were evoked by President Trump’s May 8, 2018 decision […]

U.S. Withdrawal from the JCPOA

President Trump announced the withdrawal of the United States from the Joint Comprehensive Plan of Action (“JCPOA”), commonly known as the “Iran Deal”, on May 8, 2018. The United States, Germany, UK, China, and Russia collectively signed the JCPOA in an effort to regulate Iran’s nuclear program in exchange for the removal of multilateral economic and […]

Amazon Investigation for OFAC Violation

Demonstrating the importance of knowing who you’re doing business with, Amazon, the largest web-based retailer, submitted a voluntary self-disclosure to OFAC for a potential sanctions violation. According to a recent quarterly report from Amazon, it is under federal investigation after selling products to at least one Iranian on the SDN list. Read more here.

Amendment to Executive Order 13761 with Respect to Sudan

Today, President Trump issued an amendment to the E.O. easing sanctions against Sudan. The amendment extends the probationary review period allotted to the U.S. government,  giving the U.S. more time to determine whether the government of Sudan has made demonstrable progress against human rights abuses. The probationary review period was set to end today, Wednesday, July 12, […]

US Government Revokes County-Based Sanctions on Sudan

As of October 12, 2017, the broad country-based sanctions on Sudan were removed by the US government. Originally, the restrictions on Sudan were extensive like those on Iran, Cuba, and Syria. With the recent update, various persons and entities now have the legal ability to engage with Sudanese business entities. Details of the Sudan Sanctions […]

Decertifying the Iran Deal

President Trump must make a decision prior to October 15th on the certification of the Iran Nuclear Deal or Joint Comprehensive Plan of Action (JCPOA) that was implemented in January 2016. If it were decertified, the onus would be on the U.S. Congress to decide in 60 days whether to impose nuclear-related sanctions that were […]