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Results: 1-9 of 9

TreasuryOFAC issues General License No. 5

  • Steptoe & Johnson LLP
  • -
  • Libya, USA
  • -
  • May 2 2011

As referenced in our February 28 and April 12, 2011 advisories, the United Nations Security Council adopted Resolution 1970 (2011) in response to the Qadhafi regime's actions against political protestors and the civilian population in Libya

United States imposes new sanctions against Syria and licenses some trade in hydrocarbons exported from Libya

  • Sidley Austin LLP
  • -
  • Libya, Syria, USA
  • -
  • May 2 2011

In response to changing geopolitical conditions, the United States recently imposed additional sanctions against Syria and licensed certain transactions related to oil, gas and petroleum exported from Libya

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

OFAC authorizes transactions with entities owned or controlled

  • Steptoe & Johnson LLP
  • -
  • Libya, USA
  • -
  • September 15 2011

On September 9, 2011, the Office of Foreign Assets Control, US Department of the Treasury, issued a new General License No. 7 to the Libyan Sanctions Regulations (LSR), 31 C.F.R. 570

U.S. eases sanctions against Libya

  • Thompson Hine LLP
  • -
  • Libya, USA
  • -
  • September 21 2011

The U.S. Department of Treasury's Office of Foreign Assets Control (OFAC) recently lifted most U.S. sanctions against Libya

Sanctions targets

  • Reed Smith LLP
  • -
  • European Union, Global, Iran, Ivory Coast, Libya, USA
  • -
  • July 18 2011

The last eighteen months have seen numerous new sanctions regimes introduced by the EU, UN and the U.S. Reed Smith has issued a series of Client Alerts already this year as and when new or changed sanctions regimes have been introduced

Eased sanctions present new opportunities and risks

  • Foley & Lardner LLP
  • -
  • Libya, Myanmar, USA, Yemen
  • -
  • April 1 2013

The past two years have witnessed substantial changes in the scope and effect of U.S. economic sanctions. In most instances, such as Iran and Syria

OFAC relaxes sanctions on Libya, authorizes winding down of transactions in Syria

  • Arent Fox LLP
  • -
  • Libya, USA
  • -
  • September 26 2011

In recent weeks, the US Treasury Department’s Office of Foreign Assets Control (OFAC) published and updated two new general licenses under the Libyan sanctions program, effectively authorizing most transactions involving the Government of Libya (GOL) and Libyan state-owned petroleum companies

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