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Results: 11-20 of 119

BB&T settles potential liability for approving funds transfer for Sudanese individual
  • Debevoise & Plimpton LLP
  • Sudan, USA
  • August 29 2014

On 27 August, the Treasury Department's Office of Foreign Assets Control ("OFAC") announced that Branch Banking & Trust Co. ("BB&T"), a North


OFAC expands Sudan General Licence for academic institutions
  • Debevoise & Plimpton LLP
  • Sudan, USA
  • August 15 2014

On 11 August, OFAC amended Sudan General License No. 1, originally issued on 15 April 2013 to authorise certain transactions related to academic and


Fokker settles sanctions allegations for $21 million
  • Kelley Drye & Warren LLP
  • Iran, Sudan, USA
  • June 16 2014

On June 5, 2014, the Treasury Department's Office of Foreign Assets Control (OFAC) announced that it had reached an agreement with Dutch company


Fokker pays $21 million to settle allegations of re-export of US aircraft parts to Iran and Sudan
  • Debevoise & Plimpton LLP
  • USA, Iran, Sudan
  • June 13 2014

On 5 June, Fokker Services B.V. (FSBV), based in the Netherlands, agreed with the US government to pay $21 million in forfeitures and civil monetary


OFAC issues FAQ on South Sudan-related sanctions
  • Debevoise & Plimpton LLP
  • Sudan, USA
  • June 13 2014

On 2 June, OFAC updated its Frequently Asked Questions (FAQ) to address issues regarding payments to or transactions with non-designated individuals


Treasury Department announces $21 million resolution of alleged Iran and Sudan sanctions violations
  • BuckleySandler LLP
  • Iran, Sudan, USA
  • June 6 2014

On June 5, the Treasury Department's Office of Foreign Assets Controls (OFAC) announced a Dutch aerospace firm has agreed to pay $21 million to


Update on sanctions related to South Sudan and the Central African Republic
  • Hogan Lovells
  • Africa, Sudan, USA
  • May 29 2014

The United States has taken steps to impose sanctions related to recent violence in both South Sudan and the Central African Republic. While the


Sanctions program targets South Sudan
  • Crowell & Moring LLP
  • Sudan, USA
  • May 6 2014

In the wake of ever-increasing violence and atrocities in South Sudan, President Obama signed Executive Order 13664 (EO) on April 3, 2014 enabling


Africa update - March 27 2014
  • Mintz Levin Cohn Ferris Glovsky and Popeo PC
  • Africa, Central African Republic, Egypt, Libya, South Sudan, Sudan, Uganda, USA
  • March 27 2014

On March 23rd, President Barack Obama notified Congress of his plans to deploy additional U.S. forces to Uganda to intensify the search for Lord’s


OFAC issues quarterly report on licensing of humanitarian exports to Iran and Sudan
  • Debevoise & Plimpton LLP
  • Iran, Sudan, USA
  • March 25 2014

Under the Trade Sanctions Reform and Export Enhancement Act of 2000, OFAC processes licence applications to export agricultural commodities, medicine