On June 26, 2017, American International Group, Inc. (AIG) agreed to a $148,698 civil settlement with OFAC based on a voluntary disclosure of 555 apparent violations of OFAC’s Iran, Sudan, Cuba and Weapons of Mass Destruction Proliferators economic sanctions programs.
President Trump Delays Decision on Permanent Rollback of Sudan Sanctions
On July 11, 2017, President Trump issued an executive order (“new executive order”) delaying the Trump Administration’s decision on whether to make permanent broad Sudan sanctions relief instituted in the waning days of the Obama Administration.
On January 13, 2017,
President Punts on Sudan Sanctions
The President issued a new Executive Order today delaying a decision on whether to permanently lift sanctions on Sudan.
In January, President Obama announced the interim lifting of U.S. sanctions on Sudan. At that time the Office of Foreign
Trump Administration Extends Review Period for Sudan Sanctions, Continues Suspension
On July 12, the State Department announced that President Trump is issuing an Executive Order extending the previously announced deadline under Executive Order 13761 to complete a review of the Government of Sudan’s conduct and determine whether to permanently terminate
Trump Signs New Travel Ban Executive Order
President Trump signed today the long-awaited revised travel ban Executive Order entitled, “Protecting The Nation From Foreign Terrorist Entry Into The United States”, effective 12:01 a.m, Eastern Standard Time on March 16, 2017. The list of affected countries includes Sudan,
Obama Administration Lifts Embargo of Sudan
On Tuesday, 17 January 2017, the Treasury Department’s Office of Foreign Assets Control (OFAC) published in the Federal Register a far-reaching amendment to its Sudanese Sanctions Regulations (SSR), 31 CFR Part 538. While styled as a “general license,” the amendment
Drastic Changes to Sudan Sanctions with New OFAC General License
Before President Obama’s exit from The White House, he removed most of the sanctions in place against Sudan. While President Trump and the Secretary of State ultimately have the final decision, it is believed they were consulted by the Obama
Obama Administration Announces Suspension and Planned Termination of Sudan Sanctions
On Friday, January 13, the Obama Administration announced that sanctions against Sudan will be suspended (via issuance of a general license) on Tuesday, January 17. The President also issued an Executive Order eliminating the Sudan sanctions program in six months’
United States Suspends Sudan Sanctions
In response to “positive actions” taken by the Government of Sudan over the past six months, the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) announced today an amendment to the Sudanese Sanctions Regulations (“SSR,” 31 C.F.R.
The United States Substantially Relaxes Existing Embargo on Sudan
On January 13, 2017, the United States suspended most of the comprehensive embargo that it has maintained on Sudan since the Clinton Administration. As described further below, new authorizations have been issued to permit U.S. persons to engage in most