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Updated sanctions against Libya

  • Hogan Lovells
  • -
  • European Union, Libya, USA
  • -
  • March 11 2011

This alert updates our 1 March alert describing new sanctions against Libya, reflecting recent developments with respect to expanded measures imposed by the European Union (EU) and additional general licenses and new designations issued by the U.S. Government

Libya sanctions update

  • Wiley Rein LLP
  • -
  • Australia, European Union, Global, Libya, United Kingdom, USA
  • -
  • March 25 2011

This memorandum briefly updates our March 3, 2011 summary of international economic sanctions directed at the Libyan regime of Colonel Muammar Qadhafi

U.S. toughens sanctions against Libya

  • Kramer Levin Naftalis & Frankel LLP
  • -
  • Libya, USA
  • -
  • March 28 2011

The Office of Foreign Assets Control ("OFAC") of the United States Department of the Treasury administers and enforces economic and trade sanctions against certain foreign countries, entities and other Specially Designated Nationals ("SDNs") based on US foreign policy and national security goals

OFAC eases restrictions on transactions in Libya

  • Edwards Wildman Palmer LLP
  • -
  • Libya, USA
  • -
  • November 18 2011

In September, the Office of Foreign Assets Control (the “OFAC”), part of the United States Treasury Department, eased restrictions on trade with Libya through two revised general licenses that were published under the Libyan sanctions program

EU expanded sanctions against Iran and Belarus, and conclusions in relation to Libya and Syria, update on U.S. sanctions on Iran

  • Hogan Lovells
  • -
  • Belarus, European Union, Iran, Libya, Syria, USA
  • -
  • October 12 2011

Today, the EU has added 29 persons to the list of those targeted by an asset freeze and a visa ban because of their involvement in human rights violations in Iran

United Nations, European Union, and the United States ease economic sanctions against Libya

  • Hogan Lovells
  • -
  • European Union, Libya, USA
  • -
  • September 19 2011

On Friday 16 September 2011, the United Nations (UN) Security Council adopted Regulation 2009 (2011), which paves the way for further lifting of economic sanctions against Libya, most notably by removing the Libyan National Oil Corporation and Zuietina Oil Company from the sanctions list

OFAC issues guidance and General License No. 4 concerning investment funds involving entities or persons subject to US sanctions against Libya

  • Steptoe & Johnson LLP
  • -
  • Libya, USA
  • -
  • April 12 2011

On April 8, 2011, the US Department of the Treasury, Office of Foreign Assets Control (OFAC), issued guidance and a General License No.4 regarding US sanctions against Libya

Inside U.S. sanctions against Libya

  • Baker Donelson Bearman Caldwell & Berkowitz PC
  • -
  • Libya, USA
  • -
  • March 9 2011

The growing violence in Libya has lead to new sanctions against the Libyan government

Financial sanctions affecting Libya further update

  • Clifford Chance LLP
  • -
  • European Union, Global, Libya, United Kingdom, USA
  • -
  • May 5 2011

As detailed in our March 2011 briefing, since February, the United Nations, the United States and the European Union have all imposed sanctions on the Libyan government and select Libyan companies, which to date have reportedly resulted in the freezing of Libyan state assets estimated at $120 billion

New economic sanctions imposed against Libya

  • Sidley Austin LLP
  • -
  • Libya, USA
  • -
  • March 18 2011

In response to the growing violence in Libya, the United States has imposed economic sanctions against Libya. All property interests of the Libyan government, certain senior officials and others implicated in human rights abuses have been blocked, and US persons have been barred from transferring or donating funds to, or having other business dealings with, those persons

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