Jessica Gladstone
Debevoise & Plimpton
Articles
US introduces the Sectoral Sanctions Identification List, expands blocking sanctions and export controls
Russia, Ukraine, USA - August 2 2014 On 16 July, under the authority of Executive Order ("EO") 13662, which authorises the imposition of sanctions on companies operating within specific…
Matthew Howard Getz, Satish M. Kini, Carl Micarelli, Jane Rahman
Ubiquiti Networks settles with OFAC for alleged violations of Iran sanctions
Iran, USA - March 7 2014 On 6 March 2014, Ubiquiti Networks, Inc., a US company, agreed to pay $504,225 to the US Treasury Department's Office of Foreign Assets Control…
Matthew Howard Getz, Satish M. Kini, Carl Micarelli, Jane Rahman
HSBC settles with OFAC for wire transfers to Specially Designated Global Terrorist
USA - January 31 2014 On 17 December 2013, HSBC Bank USA, N.A., a US subsidiary of the British financial services company HSBC Holdings plc, agreed to pay $32,400 in…
Matthew Howard Getz, Satish M. Kini, Carl Micarelli, Jane Rahman
OFAC authorises transactions with Sberbank subsidiary DenizBank
Russia, Ukraine, USA - October 14 2014 On 6 October 2014, the US Treasury Department's Office of Foreign Assets Control ("OFAC") published Ukraine-Related General License 3 pursuant to…
Matthew Howard Getz, Satish M. Kini, Carl Micarelli, Jane Rahman
Clearstream banking faces criminal investigation after OFAC settlement
Iran, USA - April 23 2014 On 2 April 2014, Deutsche Börse A.G. Confirmed that the US Attorney for the Southern District of New York, Preet Bharara, is conducting a…
Matthew Howard Getz, Satish M. Kini, Carl Micarelli, Jane Rahman
