Topic
Sanctions
3,130 published works
InsureReinsure
EU: Ban on Insurance of Tankers Carrying Iranian Oil
On 1 July 2012, a European Union (EU) ban on payment by EU-based insurers of any claims related to the shipment of oil or oil products across Iran’s borders comes…
Global Regulatory Enforcement Law Blog
Another Foreign Bank Fined by OFAC
By Greg Jacobs
This post was written by Michael J. Lowell. On the heels of the largest penalty settlement to date, OFAC has announced yet another settlement with a foreign bank relating to…
Global Regulatory Enforcement Law Blog
Dutch Bank’s Efforts to Avoid OFAC Sanctions Leads to $619 Million Penalty
By Michael Lowell, Michael Grant
The U.S. Office of Foreign Assets Control (“OFAC”) and Bureau of Industry & Security (“BIS”) announced today that it has reached a settlement with ING Bank N.V. (“ING”) relating to…
International Law Prof Blog
US House of Representatives Advances Controversial Human Rights Bill
On Friday, the Foreign Relations Committee of the US House of Representatives approved a bill that would impose sanctions on Russians who violate human rights. The bill, known as the…
Global Trade Law Blog
OFAC’s (Very) Long Arm: GAM Settlement May Illustrate the ITR’s Expanding Reach
By: Thad McBride, Reid Whitten, and Cheryl Palmeri On May 21, the U.S. Treasury Department Office of Foreign Assets Control (OFAC) announced a small but noteworthy enforcement settlement: a fine…
Global Regulatory Enforcement Law Blog
Investment by Foreign Agent Creates OFAC Liability for U.S. Asset Manager
By Greg Jacobs
This post was written by Michael J. Lowell. On May 21, 2012, the Office of Foreign Assets Control (“OFAC”) announced the settlement of an apparent violation of the U.S. sanctions on Iran…
International Law Prof Blog
UN Security Council Imposes Travel Ban on Coup Leaders from Guinea-Bissau
The United Nations Security Council has imposed a travel ban against five military officers who seized power from the civilian government in Guinea-Bissau last month, and urged Member States to ensure…
Michigan Employment Law Advisor
Avoiding & Reducing Risks of Sanctions in Employment Litigation
By Jason Shinn
I am presenting a Webinar titled E-discovery Tips for Winning Employment Cases, on May 31, 2012. One of the main problems the presentation addresses is reducing the difficulty employers experience when…
Global Regulatory Enforcement Law Blog
Secretary Clinton Announces an Easing of Sanctions on Burma
By Michael Lowell, Michael Grant
On May 17, U.S. Secretary of State Hillary Clinton announced in remarks with the foreign minister of Burma (Myanmar) that the U.S. government will be taking action to ease sanctions…
Focus on Regulation
U.S. Easing of Burma Sanctions Announced by President Obama
By Aleksandar Dukic, Beth Peters
President Obama announced on Thursday, May 17, that “the United States will ease its bans on the exportation of financial services and new investment in Burma.” In a related statement, Secretary of…