Topic
Sanctions
3,138 published works
eDiscovery Bytes
Episode 95: Leaping the Second Hurdle of Rule 37(e)(2) on a Motion for Sanctions
Welcome to Episode 95 of Case of the Week where we will discuss whether the deletion of five years of email from a Gmail account rose to the level of…
Southern California Appellate News
$69k appellate sanctions imposed
The 6th District imposes hefty appellate sanctions ($60,391.11 to respondent plus $8,500 to the clerk of court) against an appellant and his counsel in an unpub'd decision here today:We decide…
International Trade Law
Chief Counsel, Office of Foreign Assets Control, Jason Prince Joins Crowell
By Edward Goetz
Washington, D.C. – January 23, 2023: Jason Prince, former chief counsel to the U.S. Treasury Department’s Office of Foreign Assets Control, has joined Crowell & Moring and will advise financial…
Shufti Pro Blog
AML and Crypto Fines Surge to £4bn in Regulatory Crackdown
The global AML fines surged 53% in 2022, while crypto fines rose over 90% as regulators cracked down on financial misconduct. The financial institutions were fined nearly $5bn (£4.04bn) in…
Shufti Pro Blog
Swiss Courts to Return Millions to Sanctioned Russians
The Swiss courts have decided to pay the stolen millions of dollars back to the sanctioned Russians accused of participating in a huge money laundering scandal. According to the court,…
SmarTrade
OFAC Again Revises Venezuela General License Extending Delay of PdVSA 2020 8.5% Bond-Related Authorizations
By Scott E. Diamond**, Francesca M.S. Guerrero, Samir D. Varma
On January 7, 2023, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued General License (GL) 5J, “Authorizing Certain Transactions Related to the Petróleos de Venezuela, S.A. 2020…
SmarTrade
OFAC Amends Several Russia-Related General Licenses
By Scott E. Diamond**, Samir D. Varma, Francesca M.S. Guerrero
On January 17, 2023, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued three amended General Licenses (GLs) regarding the continued authorization of certain limited activities in…
Aviation Law
Aircraft Leasing Insurance Change: New Exclusions for Russia, Belarus, Ukraine, Crimea
By Publisher
Richard G. Sharman
Cleary Foreign Investment and International Trade Watch
Recent Developments Regarding the Maritime Services Ban on Russian-Origin Crude Oil and Petroleum Products (with Price Cap “Safe Harbor” or Exemption)
By Chase D. Kaniecki, Polina Lyadnova, Samuel H. Chang, Christine Barthelemy, William S. Dawley, Ana Luquerna
On December 5, 2022, the maritime services ban targeting Russian-origin crude oil that previously had been announced by an international coalition of countries, including the United States, the European Union,…
SmarTrade
OFAC Publishes Preliminary Guidance on Price Cap to Be Placed on Petroleum Products of Russian Origin
By Scott E. Diamond**, Samir D. Varma, Francesca M.S. Guerrero, Aaron C. Mandelbaum
On December 30, 2022, the Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) published preliminary guidance on how the United States will implement a price cap policy on…