Topic
Sanctions
3,138 published works
eDiscovery Bytes
#CaseoftheWeek Episode 68: Failure to Comply Leading to Default Judgment
For episode 68 of #CaseoftheWeek, we’re analyzing a decision by United States Magistrate Judge Edwin Torres in the matter of GEICO v. Gomez-Cortez. We’ll discuss when a failure to comply…
Trade and Manufacturing Monitor
Latest U.S. Sanctions on Russia Target Elites, Steel, Gold, Luxury Firms, and Military Procurement
Today, the United States imposed new sanctions on Russia, targeting Russian oligarch Alexey Mordashov and his companies, other Russian elites, luxury asset management and service companies, and companies involved in…
Law of The Ledger
The Crypto Enthusiast and The Regulator: What OFAC is, Could Be, and Should Be Doing to Regulate CryptoCurrencies
By Reid Whitten
On May 6, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated a cryptocurrency mixer, Blender.io, as a Specially Designated National (SDN). That sanction follows a…
GovCon & Trade
Russia, Ukraine: Update as of June 1
The Bass, Berry & Sims international trade team is actively monitoring the situation in Russia and Ukraine and providing real-time advice to clients on managing the situation. This post summarizes…
GT Amsterdam Law Blog
European Commission Proposes Criminalizing Economic Sanctions Violations and Bolsters Asset Recovery Measures
To make it easier to investigate, prosecute, and punish violations of restrictive measures in all EU Member States, on May 25, 2022, the European Commission (Commission) proposed making the violation of EU…
Trade Compliance Resource Hub
What will be the impact of the EU and UK ban on Russian oil and insurance?
By Leigh T. Hansson, James Willn, Alexander Brandt, Finlay Donaldson
The European Union (EU) agreed the sixth package of sanctions against Russia on 31 May 2022. The sixth package includes an embargo on Russian oil and a ban on insuring…
Capital Thinking
Transatlantic Trade | US and Europe: May 16 – 30
At the end of the month, the European Union (EU) finally reached a deal – after weeks of negotiations – on an oil ban against Russian sourced oil and petroleum…
International Trade Law
<strong>Sanctions/Export Highlights [As of May 26, 2022]</strong>
By Anand Sithian, Rachel Schumacher
Russia Sanctions: The EU and UK each made several amendments regarding previously-designated individuals and entities. The amendments included corrections to names and dates of birth. General Licenses: The U.S. made…
SmarTrade
OFAC Again Extends Venezuela General License for Limited Maintenance or Wind-Down of Transactions Involving PdVSA and Certain Entities
By Samir D. Varma, Francesca M.S. Guerrero, Scott E. Diamond**
On May 27, 2022, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued Venezuela-related General License 8J, extending authorization until December 1 for certain activities previously authorized…
Cleary Foreign Investment and International Trade Watch
U.S. Government Reportedly Taking Steps Toward Limited Easing of Venezuela-Related Sanctions
By Chase D. Kaniecki, William S. Dawley
The U.S. Department of the Treasury, Office of Foreign Assets Control (“OFAC”) is reportedly taking steps toward a limited easing of certain sanctions targeting Venezuela. If the public reporting is…