Results 1 to 5 of 14

First Court of Justice judgment to interpret EU blocking statute

European Union, USA - December 23 2021 On 21 December 2021, the Court of Justice of the European Union (“CJEU”) delivered its judgment in Case C-124/20 Bank Melli Iran v Telekom…

Ed Krauland, Renato Antonini, Charlotte Brett, Byron Maniatis, Eva Monard, David O'Sullivan, Guy Soussan, Stefan Tsakanakis, Elli Zachari

US government grants more sanctions relief for Afghanistan-related transactions

Afghanistan, Global, USA - December 23 2021 On December 22, 2021, the US Treasury Department’s Office of Foreign Assets Control (OFAC) issued three general licenses (GLs) to authorize…

Ali Burney, Nicholas Turner, Wendy Wysong

US government expands counter-narcotics sanctions with new Executive Order on global illicit drug trade

USA - December 20 2021 On December 15, 2021, the White House issued Executive Order (EO) 14059, “Imposing Sanctions on Foreign Persons Involved in the Global Illicit Drug…

Nicholas Turner

FinCEN issues proposed rule on reporting of corporate ownership

USA - December 15 2021 On December 7, 2021, the US Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN), published a proposed rule to implement the…

Evan Abrams, Jack R. Hayes

OFAC enters into rare settlement with individual over Iranian payments and facilitation

Iran, USA - December 14 2021 On December 8, 2021, the US Treasury Department’s Office of Foreign Assets Control (OFAC) announced a $133,860 settlement with an unnamed individual…

Edward J. Krauland, Meredith Rathbone, Nicholas Turner, Wendy Wysong