On January 25, the Obama Administration made concurrent announcements about its evolving posture on the Cuban sanctions. On that date, the Office of Foreign Assets Control (OFAC) released more changes to the Cuban Assets...more
The world reached a critical milestone on January 16, which was “Implementation Day” for the Joint Comprehensive Plan of Action (JCPOA) regarding Iran’s nuclear development program. The JCPOA is the agreement approved on...more
This has been a historic month for the United States and several other leading nations as they reached an apparent settlement with Iran over the development of its nuclear program. On July 14, the five permanent members of...more
7/27/2015
/ Banking Sector ,
EU ,
Extraterritoriality Rules ,
Financial Institutions ,
IAEA ,
Iran ,
Iran Sanctions ,
Iran Threat Reduction and Syria Human Rights Act ,
Joint Comprehensive Plan of Action (JCPOA) ,
Nuclear Weapons ,
P5+1 Nations ,
SDN List ,
Trade Relations
On December 17, 2014, the Obama Administration announced the prospective easing of some restrictions in the U.S. economic embargo on Cuba (the “Economic Sanctions”). The Obama Administration had laid the groundwork for...more
On May 8, 2014, the U.S. Treasury Department’s Office of Foreign Assets Control (“OFAC”) issued regulations to implement three Executive Orders issued by President Obama in March regarding the situation in Ukraine. The...more
5/19/2014
/ Barack Obama ,
Bureau of Industry and Security (BIS) ,
Due Diligence ,
EU ,
Executive Orders ,
Exports ,
Joint Venture ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
Sanctions ,
SDN List ,
Tax Evasion ,
U.S. Treasury ,
Ukraine