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Widening the sanctions net in uncertain times: latest developments in the U.S., EU, and U.K.'s sanctions targeting Russia

In the context of the third anniversary of Russia’s invasion of Ukraine, the U.S., EU, and U.K. continue to implement new measures to stifle Russia’s war efforts. The Biden administration continued to escalate sanctions...more

OFAC Suspends Certain U.S. Sanctions Targeting Venezuela with New and Amended General Licenses

On October 18, 2023, the United States announced the suspension of certain sanctions related to Venezuela through the issuance of new and revised general licenses. The Office of Foreign Assets Control (OFAC) of the U.S....more

U.S. sanctions impacting Lebanese businesses and individuals

On April 4, 2023 the United States imposed sanctions on two Lebanese businessmen, brothers Raymond Zina Rahme and Teddy Zina Rahme (the Rahme Brothers), and three of their owned companies, ZR Energy DMCC, ZR Group SAL...more

U.S. sanctions create risks and challenges for Paraguay's business community

In January 2023, the United States imposed sanctions on key figures in the Paraguayan economy. The impact of these sanctions are significant and will directly or indirectly impact most Paraguayan financial institutions and...more

On the one-year anniversary of Ukraine invasion, Biden Administration imposes additional sanctions and export controls targeting...

On February 24, 2023, the one-year anniversary of Russia’s invasion of Ukraine, the United States, in coordination with its G7 partners and other allies, announced a series of additional sanctions and export controls...more

U.S. Russia sanctions and export controls update

Since Russia’s invasion of Ukraine in February 2022, the United States has, in response, imposed unprecedented sanctions and export controls targeting Russia: President Biden has signed numerous new Executive Orders, the U.S....more

Developments in US sanctions targeting Russia

The Biden administration has issued new sanctions on Russian individuals and entities as well as prohibitions on US financial institutions' transactions with Russia's Central Bank, National Wealth Fund, and Ministry of...more

Developments in sanctions targeting Myanmar

Following the military coup in Myanmar on February 1, 2021, the U.S., UK and EU have imposed a range of sanctions targeting individuals and entities affiliated with the Burmese military....more

Trump Administration Re-Certifies Iranian Compliance with the Joint Comprehensive Plan of Action but Applies New Sanctions to...

The Trump administration recently re-certified that Iran is in compliance with the Joint Comprehensive Plan of Action (JCPOA, otherwise known as the “Iran Deal”), thereby extending the sanctions relief afforded to Iran...more

New Iran Designations: OFAC Adds 25 Persons to the SDN List in Response to Iran’s Ballistic Missile Test

On February 3, 2017, the U.S. Office of Foreign Assets Control (OFAC) added 25 persons to its List of Specially Designated Nationals and Blocked Persons (the SDN List, and every person thereon, an SDN) as a result of their...more

OFAC Authorizes Certain Dealings with Russian Security Agency

In its first public statement since the inauguration, the US Department of Treasury’s Office of Foreign Assets Control (OFAC) announced on February 2, 2017, that it had authorized limited dealings with the Federal Security...more

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