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Results: 1-6 of 6

US government eases sanctions against Myanmar

  • Sidley Austin LLP
  • -
  • Myanmar, USA
  • -
  • August 10 2012

The Office of Foreign Assets Control recently authorised new investment in and exportation of financial services to Myanmar, easing sanctions that have been in place for over 15 years

U.S. government eases sanctions against Burma

  • Sidley Austin LLP
  • -
  • Myanmar, USA
  • -
  • July 12 2012

On July 11, 2012, the Office of Foreign Assets Control authorized new investment in and the exportation of financial services to Burma, thereby easing sanctions that have been in place for over 15 years

U.S. issues further sanctions waivers under the National Defense Authorization Act of 2012

  • Sidley Austin LLP
  • -
  • USA
  • -
  • July 11 2012

June 28, 2012 marked the day on which President Obama may begin imposing sanctions under the National Defense Authorization Act of 2012 (“NDAA”) on foreign financial institutions that knowingly finance or otherwise facilitate petroleum-related transactions with Iran

President blocks all property of Iranian government and financial institutions

  • Sidley Austin LLP
  • -
  • Iran, USA
  • -
  • February 24 2012

President Obama has issued an executive order blocking all property of the government of Iran and Iranian financial institutions, including the Central Bank of Iran

United States imposes new sanctions against Iran aimed at petroleum, petrochemical, banking and nuclear sectors

  • Sidley Austin LLP
  • -
  • Iran, USA
  • -
  • November 23 2011

On November 21, 2011, the United States imposed new sanctions against Iran in response to the recent alleged plot to assassinate the Saudi Ambassador in the United States and new findings by the International Atomic Energy Agency concerning Iran’s nuclear activities

New regulations target non-U.S. financial institutions with ties to Iran

  • Sidley Austin LLP
  • -
  • Iran, USA
  • -
  • August 20 2010

On August 16, 2010, the U.S.Treasury Department’s Office of Foreign Assets Control (OFAC) issued the Iranian Financial Sanctions Regulations (IFSR) to implement the Comprehensive Iran Sanctions Accountability, and Divestment Act (CISADA), enacted on July 1, 2010