Topic
Sanctions
3,138 published works
International Trade Law
Sanctions/Export Highlights [As of November 03, 2022]
By Jeffrey L. Snyder, Carlton Greene, Anand Sithian
OFAC Guidance: On October 31, 2022, the Office of Foreign Assets Control (“OFAC”) published Frequently Asked Question (“FAQ”) 1094, confirming that Russian crude oil loaded onto a vessel at the…
Israel Global Gateway
Enhancing the US-UK Sanctions Partnership
By Israel Group
The Directors of the UK Office of Financial Sanctions Implementation (OFSI) and the US Office of Foreign Assets Control (OFAC), Giles Thomson and Andrea Gacki, have announced, via a joint…
International Compliance Blog
New UK Russia Sanctions Legislation Bans the Maritime Transport of Russian Oil
On November 3, 2022, a sixteenth amendment to the UK’s Russia sanctions regime was laid before parliament. The Russia (Sanctions) (EU Exit) (Amendment) (No. 16) Regulations 2022 (“Amendment 16”) introduces…
Shufti Pro Blog
SRA Receives Fewer AML Violation Reports from England & Wales Despite Sanctions Drive
Anti Money Laundering (AML) violations in England & Wales reported to the Solicitors Regulation Authority (SRA) dropped by 21 to 252 in the financial year 2021–2022 despite the sanctions drive.…
International Compliance Blog
US Government Imposes New Sanctions and Visa Restrictions on Nicaragua
By Jordan Cannon, Brian Fleming, Dave Stetson
On October 24, the White House announced that President Biden signed Executive Order (EO) 14088 (amending EO 13851) which substantially expands the Nicaragua sanctions program with sectoral sanctions authorities, exposing…
International Compliance Blog
New UK Russia Sanctions Legislation Amends Loan and Credit Restrictions; Expands the Range of Items Targeted by Existing Trade Prohibitions; and Introduces New Trade Prohibitions on Liquefied Natural Gas, Items Critical to the Functioning of Russia’s Economy and Certain Gold Items
On October 28, 2022, further amendments to the UK’s Russia sanctions regime were laid before parliament. The new measures introduced under the Russia (Sanctions) (EU Exit) (Amendment) (No. 15) Regulations…
International Trade Law
Sanctions/Export Highlights [As of October 27, 2022]
By Carlton Greene, Jeffrey L. Snyder, Anand Sithian, Kelsey Clinton
New U.S. Designations: On October 26, 2022, the U.S. Department of the Treasury’s Office of Foreign Asset Control (“OFAC”) designated nine individuals and twelve entities for their involvement in the…
International Trade Law
Sanctions/Export Highlights [As of October 20, 2022]
By Jeffrey L. Snyder, Carlton Greene, Anand Sithian, Rachel Schumacher, Kelsey Clinton
New U.S. and UK Sanctions Partnership: On October 13, 2022, the Office of Foreign Assets Control (“OFAC”) and the UK’s Office of Financial Sanctions Implementation (“OFSI”) announced that they had…
GT London Law Blog
UK and U.S. Announce ‘Enhanced Partnership’ on Economic Sanctions Implementation, Enforcement
By Annabel Thomas, Kara M. Bombach, Gavin Costelloe, Bethany Histed, Tina Kang
The United Kingdom and United States announced in a joint statement on 17 October a new strategy to cooperate and collaborate further on economic sanctions implementation and enforcement. Continue reading the full…
O-I-CEE!
EU Sanctions Against Russia
The EU first adopted restrictive measures against the Russian Federation back in 2014, in response to Russia’s annexation of Crimea and Sevastopol and the destabilisation of Ukraine. Since then, the…