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Trump Administration › Office of Foreign Assets Control (OFAC) › New Regulations

Baker Botts L.L.P.

U.S. Government Issues Broad Sanctions Relief for Syria

Baker Botts L.L.P. on

On May 23, 2025, the Treasury Department’s Office of Foreign Assets Control (“OFAC”) issued Syria General License 25 (“GL 25”), effectively lifting U.S. sanctions on Syria. This move follows President Trump’s announcement on...more

Sheppard Mullin Richter & Hampton LLP

Retrenchment on Cuban Sanctions; The Search for a Middle Ground

Sheppard Mullin Richter & Hampton LLP on

The Trump Administration has made good on its promise to cut back on the liberalized Cuban policy implemented by the Obama Administration with a new regime that introduces new travel restrictions as well as broad prohibitions...more

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