On 25 January 2023, Switzerland implemented the EU’s 9th sanctions package adopted on 16 December 2022, and is now again by and large in alignment with EU sanctions...
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3 days ago
Baker Mckenzie US
The Japanese government introduced further sanctions against Russia and Belarus on 27 January 2023. These include: Designations of additional Russian individuals and entities The Japanese government designated an...
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5 days ago
Baker Mckenzie US
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Global Magnitsky General License 5, "Authorizing Certain Transactions Related to Frigorifico Chajha S.A.E." and General...
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9 days ago
OFAC (US)
On January 5, 2023, President Biden signed the Protecting American Intellectual Property Act into law. This law seeks to deter the theft of US intellectual property by non-US...
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10 days ago
Baker Mckenzie US
Just before the holidays, President Biden signed two bills passed in the final days of the last Congress that contain a number of provisions with implications for sanctions,...
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19 days ago
Baker Mckenzie US
On January 4, 2023, Taiwan announced the addition of 52 new export control entries controlling nuclear energy and other commodities, materials and chemicals, tools and machineryfor Russia and...
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22 days ago
Baker Mckenzie US
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is amending its regulations to implement for 2023 the Federal Civil Penalties Inflation Adjustment Act of 1990,...
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23 days ago
OFAC (US)
On December 30, 2022, the US Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) issued “Preliminary Guidance on Implementation of the Price Cap Policy for Petroleum...
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29 days ago
Baker Mckenzie US
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing one Russia-related Frequently Asked Question (1109). The following additions, removals, and changes have been made...
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1 month ago
OFAC (US)
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is amending multiple regulations to add or revise certain general licenses (GLs) across a number of OFAC...
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1 month ago
OFAC (US)
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is adding regulations to implement Executive Order 14059 of December 15, 2021, "Imposing Sanctions on Foreign Persons...
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1 month ago
OFAC (US)
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Russia-related General License 8E,"Authorizing Transactions Related to Energy," General License 58, "Authorizing the Wind Down...
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1 month ago
OFAC (US)
OFAC has updated its SDN List. Please visit the URL below to view this action...
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1 month ago
OFAC (US)
OFAC has updated its SDN List. Please visit the URL below to view this action...
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1 month ago
OFAC (US)
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Global Magnitsky General License 3, "Authorizing Transactions Related to Debt or Equity of Pingtan Marine...
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1 month ago
OFAC (US)
OFAC has updated its SDN List. Please visit the URL below to view this action...
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1 month ago
OFAC (US)
The Department of the Treasury has published a Determination pursuant to Executive Order 14071 related to a price cap on crude oil of Russian Federation origin...
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1 month ago
OFAC (US)
OFAC has updated its SDN List. Please visit the URL below to view this action...
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2 months ago
OFAC (US)
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) today announced a settlement with Payward, Inc. d/b/a Kraken ("Kraken"), a Delaware-incorporated virtual currency exchange with...
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2 months ago
OFAC (US)
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Venezuela-related General License 8K, "Authorizing Transactions Involving Petróleos de Venezuela, S.A. (PdVSA) Necessary for the...
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2 months ago
OFAC (US)
OFAC has updated its SDN List. Please visit the URL below to view this action...
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2 months ago
OFAC (US)
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Russia-related General License 13C "Authorizing Certain Administrative Transactions Prohibited by Directive 4 under Executive Order...
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2 months ago
OFAC (US)
OFAC has updated its SDN List. Please visit the URL below to view this action...
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2 months ago
OFAC (US)
OFAC has updated its SDN List. Please visit the URL below to view this action...
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2 months ago
OFAC (US)
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Counter Terrorism General License 21 "Authorizing Limited Safety and Environmental Transactions Involving Certain Vessels", and...
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2 months ago
OFAC (US)
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Russia-related General License 40C "Civil Aviation Safety". Also, the following additions, removals, and changes have...
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2 months ago
OFAC (US)
OFAC has updated its SDN List. Please visit the URL below to view this action...
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2 months ago
OFAC (US)
Today, the Department of the Treasury's Office of Foreign Assets Control (OFAC) has published one new Cyber-related Frequently Asked Question (1095), and three amended Cyber-related FAQs (FAQs 1076,...
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2 months ago
OFAC (US)
3 months ago
Sanctions Insight
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing a Russia-related Frequently Asked Question (1094)....
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3 months ago
OFAC (US)
OFAC has updated its SDN List. Please visit the URL below to view this action...
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3 months ago
OFAC (US)
OFAC has updated its SDN List. Please visit the URL below to view this action...
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3 months ago
OFAC (US)
OFAC has updated its SDN List. Please visit the URL below to view this action...
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3 months ago
OFAC (US)
The United States Department of the Treasury's Office of Foreign Assets Control (OFAC) today announced the issuance of a Finding of Violation to Nodus International Bank, Inc. (Nodus),...
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3 months ago
OFAC (US)
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Russia-related General License 28A. In addition, OFAC has updated the following lists:...
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3 months ago
OFAC (US)
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing a Russia-related Alert: Impact of Sanctions and Export Controls on Russia's Military-Industrial Complex. Additionally, OFAC...
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3 months ago
OFAC (US)
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) today announced a settlement with Bittrex, Inc., a private company based in Bellevue, Washington that provides...
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3 months ago
OFAC (US)
OFAC has updated its SDN List. Please visit the URL below to view this action...
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3 months ago
OFAC (US)
OFAC has updated its SDN List. Please visit the URL below to view this action...
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3 months ago
OFAC (US)
OFAC has updated its SDN List. Please visit the URL below to view this action...
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4 months ago
OFAC (US)
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing "Sanctions Compliance Guidance for Instant Payment Systems” which emphasizes the importance of taking a...
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4 months ago
OFAC (US)
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing a Russia-related Frequently Asked Question (1091). In addition, OFAC has updated the following lists:...
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4 months ago
OFAC (US)
The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is reissuing in their entirety the Central African Republic Sanctions Regulations, 31 CFR part 553, and the...
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4 months ago
OFAC (US)
The Department of the Treasury's Office of Foreign Assets Control (OFAC) has released Quarterly Reports of Licensing Activities pursuant to Section 906(b) of the Trade Sanctions Reform and...
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4 months ago
OFAC (US)
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today announced a settlement with CA Indosuez Switzerland S.A. ("CAIS"), an indirect subsidiary of Credit Agricole...
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4 months ago
OFAC (US)
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing one new Cuba Frequently Asked Question (1090). In addition, the following name has been added to...
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4 months ago
OFAC (US)
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Iran General License D-2 "General License with Respect to Certain Services, Software, and Hardware Incident...
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4 months ago
OFAC (US)
OFAC has updated its SDN List. Please visit the URL below to view this action...
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4 months ago
OFAC (US)
On July 1, 2022, the Office of Foreign Assets Control (OFAC) issued a recent actions notice, reminding holders of property blocked pursuant to OFAC sanctions regulations published in...
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4 months ago
OFAC (US)
Today, the Department of the Treasury's Office of Foreign Assets Control (OFAC) has published a Determination Pursuant to Section 1(a)(i) of Executive Order 14024, a Determination Pursuant to...
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4 months ago
OFAC (US)
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Russia-related General License 51 "Authorizing the Wind Down of Transactions Involving Limited Liability Company Group...
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4 months ago
OFAC (US)
OFAC has updated its SDN List. Please visit the URL below to view this action...
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4 months ago
OFAC (US)
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing new Cyber-related Frequently Asked Questions (1076-1079)....
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4 months ago
OFAC (US)
Today, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing preliminary guidance on the implementation of a maritime services policy and related price...
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4 months ago
OFAC (US)
OFAC has updated its SDN List. Please visit the URL below to view this action...
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4 months ago
OFAC (US)
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Russia-related General License 13B. In addition, the following names have been added to OFAC's list...
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4 months ago
OFAC (US)
On September 2, 2022, G7 Finance Ministers issued a statement confirming their joint intention to implement a price cap with respect to Russian-origin crude oil and petroleum products....
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5 months ago
OFAC (US)
OFAC is amending, and reissuing in their entirety, the Cyber-Related Sanctions Regulations, 31 C.F.R. part 578. This administrative action replaces the regulations that were published in abbreviated form...
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5 months ago
OFAC (US)
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Iran General License M-2 "Authorizing the Exportation of Certain Graduate Level Educational Services and Software"....
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5 months ago
OFAC (US)