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On April 29, 2011, the President signed an Executive Order blocking the property of five designated persons with respect to human rights abuses in Syria
On January 28, 2011, the Department of Treasury's Office of Foreign Assets Control (OFAC) amended the Cuban Assets Control Regulations (CACR) 1 to incorporate the Administration's policy changes announced on January 14
If a bank, insurance company, broker or other financial institution does international business, it should carefully examine new regulations that came into effect on August 16, 2010
The Department of the Treasury's Office of Foreign Assets Control (OFAC) has issued general licenses authorizing a limited set of free internet-based communications with persons in Cuba, Iran and Sudan
On November 9, 2009, Treasury’s Office of Foreign Assets Control (OFAC) published the final rule “Economic Sanctions Enforcement Guidelines,” (Final Guidelines) establishing OFAC’s preference for retaining its own administrative flexibility rather than providing greater insight into OFAC’s enforcement deliberation process
On September 9, 2009, OFAC issued a general license authorizing U.S. persons to export and reexport agricultural commodities, medicine and medical devices to Southern Sudan, Southern KordofanNuba Mountains State, Blue Nile State, Abyei, Darfur and marginalized areas in and around Khartoum (Specified Areas
Today, the U.S. Treasury Department announced significant amendments to OFAC’s Cuban Assets Control Regulations which are meant to implement an April 2009 Presidential initiative on Cuba
On August 24, 2009, the Department of Treasury's Office of Foreign Assets Control (OFAC) announced its settlement of the Australia and New Zealand Bank Group, Ltd.'s (ANZ) alleged violations of the Sudanese Sanctions Regulations (SSR) and the Cuban Assets Control Regulations (CACR
