Topic
Sanctions
3,092 published works
Sanctions & Export Controls Update
OFAC Issues New Venezuela-related General Licenses Authorizing Commercial Negotiations of Contingent Contracts with GOV and Financial Services involving Named Venezuelan Banks
By Sylwia Lis (US), Ronald Evans (Venezuela), Carlos Felce (Venezuela), Patrick De Lapérouse (US), Vivian Tse (US)
On April 14, 2026, the US Department of the Treasury’s Office of Foreign Assets Control (“OFAC“) issued two new general licenses (“GLs“) — GL 56 and GL 57, which further…
Trade Compliance Resource Hub
EU’s 20th Sanctions Package on Russia
By Leigh T. Hansson, Alexander Brandt, Ray-Shio Ho, William Young, Tan Albayrak, Stephan Johansen, Dimitris Athanasopoulos, Danai Kandilorou, Finlay Donaldson, Ciara Elson, Banu Hilalqizi
On 23 April 2026, the EU adopted its 20th package of sanctions against Russia. These measures are contained in (i) Council Regulation (EU) 2026/506 (see here), (ii) Council Implementing Regulation…
FinTalk
OFAC Expands Venezuela Sanctions Relief: New General Licenses 56 and 57, and Guidance on Reporting Obligations
By Carlton Greene, Anand Sithian, Jeremy Iloulian, Edward Goetz
On April 14, 2026, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued Venezuela General License 56, “Authorizing Commercial-Related Negotiations of Contingent Contracts with the Government of…
International Trade Law
OFAC Expands Venezuela Sanctions Relief: New General Licenses 56 and 57, and Guidance on Reporting Obligations
By Carlton Greene, Anand Sithian, Jeremy Iloulian, Edward Goetz
On April 14, 2026, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) issued Venezuela General License 56, "Authorizing Commercial-Related Negotiations of Contingent Contracts with the Government…
Sanctions & Export Controls Update
OFAC Issues General License No. 134B Extending Authorization for Certain Russia‑Origin Crude Oil and Petroleum Product Transactions
On April 17, 2026, the US Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) issued Russia‑related General License No. 134B (“GL 134B”), extending the duration of General License…
Cleary Foreign Investment and International Trade Watch
OFAC Authorizes Commercial Negotiations With the Government of Venezuela and Certain Financial Services
By Chase D. Kaniecki, Samuel H. Chang, Yulia A. Solomakhina, Ana Carolina Maloney, Kerry Mullins
On April 14, 2026, the U.S. Department of the Treasury, Office of Foreign Assets Control (OFAC) issued two new General Licenses (GL), GLs 56 and 57, authorizing commercial negotiations with…
SmarTrade
OFAC Amends Russia General Licenses Related to Lukoil
By Scott E. Diamond**, Francesca M.S. Guerrero, Samir D. Varma, Aaron C. Mandelbaum
On April 14, 2026, the Department of the Treasury's Office of Foreign Assets Control (OFAC) amended two general licenses to continue authorizing limited transactions under previous sanctions involving Russia’s Lukoil operations.…
China Law Insight
2025年美国经济制裁政策年度总结（下篇）
By King & Wood
作者：景云峰 闫璐 2025年，美国财政部外国资产控制办公室（OFAC）仍未放松对经济制裁违规行为处罚，全年共公布14起制裁违规民事处罚案件，涉案处罚总额约2.7亿美元，直观反映出美国对外制裁政策的执行强度与落地成效。本文作为年度总结的下篇，将系统梳理2025年OFAC处罚案例，并选取典型案例精准拆解各类违规情形、深度剖析核心执法导向，通过重温美国经济制裁下的反向穿透、追溯时效、情报收集、报告义务、认定明知（知道或理应/应当知道）、及主动披露等核心概念，助力企业有效识别制裁合规风险，构建坚实的合规管控体系。 阅读更多
Legal History Blog
Kent on the Interwar Development of American Economic Sanctions
By Dan Ernst
Andrew Kent, Fordham University School of Law, has posted The Pre-History of Modern Economic Sanctions, which is forthcoming in Constitutional Commentary:This review essay examines the historical emergence of modern economic…
Sanctions & Export Controls Update
UK Office of Trade Sanctions Implementation to expand licensing remit to include sanctioned goods for export to sanctioned destinations
By Julian Godfray (UK), Kelvin Hong (UK), Sophie Armstrong (UK)
On 9 April 2026, the UK Office of Trade Sanctions Implementation (OTSI) announced that, from 27 April 2026, it will assume responsibility for licensing the export of sanctioned goods (and…