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  • Article

    OFAC Authorizes Certain Transactions Involving Petróleos De Venezuela Bond

    OFAC authorized certain transactions related to the Petróleos de Venezuela 2020 8.5 Percent Bond.
    United StatesInternational Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    OFAC Delays Effective Date For Transactions Related To Petróleos De Venezuela, S.A.

    OFAC authorized all transactions related to the Petróleos de Venezuela, S.A. 2020 8.5 Percent Bond.
    United StatesInternational Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
Article

OFAC Designates North Korean For Association With U.S. And UN Sanctioned Entity

OFAC designated a North Korean national, based in Vietnam, for his association with the Workers' Party of Korea ("WPK").
United StatesInternational Law
Hogan Lovells Cadwalader
Hogan Lovells Cadwalader
  • Article

    OFAC Designates Russian Individuals And Entities For Aggression Against Ukraine

    The U.S. Treasury Department Office of Foreign Assets Control ("OFAC") designated six Russian individuals and eight entities for "continued and ongoing" actions against Ukraine.
    United StatesInternational Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    OFAC Designates Russian Operatives Over Malign Activities

    The U.S. Treasury Department Office of Foreign Assets Control ("OFAC") designated numerous Russian operatives for interfering in the 2016 U.S. Presidential election
    United StatesInternational Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    OFAC Extends Expiration Date Of Certain General Licenses Related To Ukraine Sanctions

    The U.S. Department of the Treasury Office of Foreign Assets Control ("OFAC") extended the expiration date of certain General Licenses concerning companies on the Specially Designated Nationals and Blocked Persons list.
    United StatesInternational Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    OFAC Extends Expiration Date Of Venezuela General License

    OFAC amended a general license authorizing certain activities involving the Government of Venezuela.
    United StatesInternational Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    OFAC Extends Wind-Down Authorization Involving Belarusian Entities

    OFAC extended through June 3, 2021 the authorization of the wind down of transactions involving certain Belarusian entities, otherwise prohibited by the Belarus Sanctions Regulations.
    United StatesInternational Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    OFAC Issues Africa Gold Advisory

    On June 27, 2023, the Treasury Department's Office of Foreign Assets Control ("OFAC"), in conjunction with USAID, and the Departments of Commerce, Homeland Security, and Labor, published an Africa Gold Advisory identifying risks related to the gold industry.
    United StatesInternational Law
    Kelley Drye & Warren LLP
    Kelley Drye & Warren LLP
  • Article

    OFAC Issues Burma Sanctions Regulations

    OFAC issued Burma Sanctions Regulations to implement Executive Order 14014.
    United StatesInternational Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    OFAC Issues FAQ On Formerly Sanctioned Communist Chinese Military Company

    Publication of Frequently Asked Question Related to Xiaomi Corporation and Removal of Existing FAQ.
    United StatesInternational Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    OFAC Issues FAQs On Certain Sanctioned Communist Chinese Military Companies

    OFAC issued two FAQs addressing the application of sanctions on certain Chinese military companies under Executive Order ("EO") 13959.
    United StatesInternational Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    OFAC Issues New FAQ On Certain Iranian Sanctions

    In a new FAQ, OFAC addressed the treatment under Executive Order 13902 ("Imposing Sanctions With Respect to Additional Sectors of Iran") of Iranian manufacturers who provide humanitarian goods.
    United StatesInternational Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    OFAC Issues Nicaragua Sanctions Regulations

    The new rules are effective as of their publication in the Federal Register on September 4, 2019.
    United StatesInternational Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    OFAC Reissues Transnational Criminal Organizations Sanctions Regulations

    In a final rule, OFAC amended and reissued, in its entirety, the Transnational Criminal Organizations Sanctions Regulations, 31 CFR Part 590.
    United StatesInternational Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    OFAC Replaces Venezuela-Related General License

    On October 24, 2019, OFAC replaced and superseded a General License clarifying certain transactions regarding any equity interest in an entity owned 50 percent or more by the Venezuelan government.
    United StatesInternational Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    OFAC Sanctions Dominican Republic-Based Drug Trafficking Organization

    OFAC designated a Dominican Republic-based Peralta Drug Trafficking Organization ("Peralta DTO") and its drug kingpin, identifying the entities as "significant foreign narcotics trafficker[s]"
    United StatesInternational Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    OFAC Sanctions Foreign Minister Of Iran For Involvement With Iranian Terrorist Organizations

    OFAC designated the Foreign Minister of Iran for his actions on behalf of the Supreme Leader of the Islamic Republic of Iran ("Leader").
    United StatesInternational Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    OFAC Sanctions Iran's Largest Petrochemical Company

    OFAC sanctioned the Persian Gulf Petrochemical Industries Company ("PGPIC") for providing financial support to the engineering conglomerate of the Islamic Revolutionary Guard Corps ("IRGC").
    United StatesInternational Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    OFAC Sanctions Iranian Cyber Company And Associated Persons

    OFAC designated an Iranian cyber company, along with six linked Iranian nationals.
    United StatesInternational Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Showing 221–240 of 5777 results

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