Statute
Countering America’s Adversaries Through Sanctions Act
38 published works
The Cyprus Lawyer
OFAC Sanctions in Cyprus
By HSharpe
This publication is made subject to the disclaimer The Cyprus Securities and Exchange Commission recently issued Circulars C-337 reminding regulated entities of the existence of the Specially Designated Nationals List…
International Compliance Blog
New Jersey Software Company Settles with OFAC for Accepting Late Payments from Rosneft
By Jillian Norton, Peter Jeydel, Ed Krauland
On April 25, 2019, OFAC announced that Haverly Systems, Inc. (“Haverly”), a New Jersey software company, had agreed to pay $75,375 to settle apparent violations from 2014 related to Haverly’s…
The Trade Practitioner
Trump Administration Issues CAATSA-related Executive Order
On September 20, 2018, President Trump issued a new CAATSA-related Executive Order (EO) titled, “Authorizing the Implementation of Certain Sanctions Set Forth in the Countering America’s Adversaries Through Sanctions Act” and an…
China Law Insight
中国公司不应忽视美国制裁 | Chinese Companies Cannot Ignore US Sanctions
By King & Wood
2018年9月20日，美国财政部海外资产控制办公室（“OFAC”）基于2017年通过的《以制裁反击美国敌人法案》（即CAATSA）将中央军委装备发展部及该部负责人李尚福列入“特殊指定国民”名单（“SDN名单”）。制裁所依据的事实是从俄罗斯采购战斗机
International Trade Insights
OFAC Extends Authorization Period for Licensed Transactions with Certain Russian SDNs
By Grant Leach, Cortney Morgan, Linda Tiller
As previously covered here, on April 6, 2018, the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”) invoked authority provided under the Countering America’s Adversaries Through Sanctions Act…
International Compliance Blog
OFAC Sanctions Russian Oligarchs and Major Russian Companies
Today, the US Department of Treasury, Office of Foreign Assets Control (OFAC) designated several Russian individuals and companies as Specially Designated Nationals (SDNs). Specifically, in response to what Treasury Secretary…
International Trade Law
OFAC Issues New Russia Sanctions Tied to Mueller Indictment
By Dj Wolff
On March 15, the Office of Foreign Assets Control (OFAC) designated as Specially Designated Nationals (“SDNs”) 2 new persons under an existing Obama-era cyber Executive Order, and 13 new persons…
International Trade Insights
OFAC Imposes More Russian Cyber Sanctions and Foreshadows Future Oligarch Sanctions
By Grant Leach
On March 15, 2018 the U.S. Department of Treasury’s Office of Foreign Assets Control (OFAC) exercised its authority to issue cyber sanctions under Executive Order 13694 and the new Countering…
The Trade Practitioner
OFAC Releases CAATSA Reports to Congressional Committees
On 29 January 2018, OFAC announced that it released five reports to Congressional Committees pursuant to the Countering America’s Adversaries Through Sanctions Act of 2017 (CAATSA). The reports include (1)…
Global Trade Law Blog
Lurches, Leaps, Feints, and Flops: Movements Without Motion in Russian Sanctions Policy
By Reid Whitten, Julien Blanquart
Since the U.S. Government determined that Russia interfered in the 2016 election[1], movement around Russia sanctions policy has been vigorous, if not unidirectional. In 2016, the United States implemented twice…