Hao-Kai Pai

Hogan Lovells

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Significant new sanctions and export control measures by the US government against Russia

On May 19, 2023, the US Department of Treasury, State, and Commerce imposed the most significant tranche of sanctions and export control measures in several months. The measures included (i) new designations on the Specially...more

6/6/2023  /  Blocked Person , Economic Sanctions , Export Controls , Foreign Policy , Foreign Relations , General Licenses , Office of Foreign Assets Control (OFAC) , Russia , SDN List , Ukraine

OFAC Authorizes Transactions in Listed Sectors in Connection with Non-Regime Held Areas of Syria

The Office of Foreign Assets Control (“OFAC”) issued General License (“GL”) No. 22 on May 12, 2022, authorizing transactions that are ordinarily incident and necessary to activities that occur in specified, non-regime held...more

5/18/2022  /  Bureau of Industry and Security (BIS) , Economic Sanctions , Export Controls , Foreign Policy , Foreign Relations , General Licenses , Office of Foreign Assets Control (OFAC) , SDN List , Syria
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