treasury Archives - OFAC Lawyer

International, Iran, Russia, Uncategorized

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

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Uncategorized

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

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Uncategorized

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

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Uncategorized

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

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Iran, 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

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International, North Korea, Sanctions

New UN Security Council Sanctions and Current OFAC Sanctions on North Korea

On September 12th 2017, the Security Council passed, in a unanimous 15-0 vote, new economic sanctions against North Korea. These sanctions added

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Cuba, Trade

President Trump Announces Changes to Cuba Sanctions Program

On June 16, President Trump announced two impending, significant changes to the Cuba sanctions program, which will impact U.S. persons traveling to

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Sanctions, SDN, Syria

OFAC Sanctions 271 Employees of Syria’s Scientific Studies and Research Center

Yesterday (April 24, 2017), the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) designated 271 employees of Syria's Scientific Studies

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Obama, Russia, Sanctions

President Obama Sanctions Russian Entities and Individuals for Tampering with Election

On December 29, 2016, President Obama took action to expand the scope of the Department of the Treasury’s Cyber-related Sanctions Program to

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Cuba, Sanctions

Did Trump Violate the Cuba Sanctions?

This morning at around 6:00 a.m., Newsweek broke a story that Donald Trump’s company may have violated the Cuban Assets Control Regulations

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