• Closure of 90-day Wind-Down Period Instills Fear; Auto Industry Halts Investments
    With the first wave of reinstated sanctions hitting Iran on August 7, 2018, German carmaker Daimler froze its plans to expand into
  • 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
  • Nike Decides Against Providing Footwear to Iranian World Cup Team, Citing U.S. Sanctions
    There has been much controversy surrounding Nike’s decision to not provide Iran’s National Team (Team Melli) players with boots. The decision follows
  • 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
  • Vienna Agreement With Iran: New Opportunities For U.S. Companies?
    The Agreement concluded by the six world powers and the Islamic Republic of Iran in regard to its nuclear program, represents an
  • The Unintended Consequences of Using Hawalas
    Many people looking to send money to or from the Middle East, North Africa, and South Asia are often confronted with the
  • Treasury Sanctions Mexican Attorneys Tied to Sinaloa Cartel
    On September 11, 2014 the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced the designation of three
  • Removal from the SDN List FAQs
    The following blog is excerpted from an interview with an OFAC attorney in which they discusse OFAC’s list of Specially Designated Nationals
  • Transnational Criminal Organizations
    The following blog is excerpted from an interview with an OFAC attorney in which they discuss transnational criminal organizations. What exactly is
  • There Is a New 50 Percent Rule: OFAC Revises its Guidance on Entities Owned by Blocked Persons
    Earlier this week the Office of Foreign Assets Control (OFAC) issued a revised guidance on entities owned by persons whose property and