Kian Meshkat September 19, 2022 Quantum What? U.S. Sanctions Target Russian Quantum Computing The Director of the U.S. Department of the Treasury’s Office of Foreign Assets Controls (“OFAC”) made two sanctions-related determinations on…
Kian Meshkat April 12, 2022 Sanctions Compliance: A Unique Approach for Conglomerates The U.S. Department of the Treasury’s Office of Foreign Assets Control’s (“OFAC”) January 2022 settlement agreement with Sojitz (Hong Kong)…
Kian Meshkat March 8, 2022 Medical Supply and Agricultural Transaction Considerations for Russia/Ukraine: U.S. Sanctions and Export Controls U.S. economic sanctions programs and export controls generally have a soft spot for transactions related to the supply of agricultural…
Erich Ferrari August 28, 2017 New Venezuela Sanctions–Sectoral Sanctions Without the Sectors? Perhaps lost amidst the weekend’s news of Hurricane Harvey, Seb Gorka resigning, and Joe Arpaio being pardoned, was the announcement…
Tyler Cullis August 28, 2017 Is OFAC’s Application of Its Iran Export Ban Reasonable? The Case of COSL Singapore Ltd. On August 24, 2017, OFAC announced a settlement agreement with COSL Singapore Ltd. for apparent violations of the ITSR stemming…
Tyler Cullis January 27, 2016 Be Careful What You Read on Iran Sanctions Well, the New York Times got this one wrong.
Tyler Cullis January 4, 2016 OFAC Inaugurates the Cyber-Related Sanctions Regulations On December 31, 2015, the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) inaugurated the much-anticipated ‘Cyber-Related…
Tyler Cullis December 31, 2015 2015 Year-in-Review: New Developments in U.S. Sanctions 2015 brought new opportunities and new challenges in the sanctions world. The most interesting developments, however, start and end with…
Margaret Ververis November 24, 2015 Unblocking License Applications: Can They be Successful? What did financial institutions do before there was screening software? Interdiction software has now become a way of life in…
Margaret Ververis November 16, 2015 The Conundrum of Contesting a Kingpin Act Designation his past Tuesday, OFAC designated two individuals and two entities pursuant to the Foreign Narcotics Kingpin Designation Act ("the Kingpin…