In this issue:

- OFAC Releases New SDN Search Tool

- Additional Provisions Targeting Iran Go Into Effect

- OFAC Continues to Target Foreign Sanctions Evaders

- Section 219 Disclosures Begin

- Burma Sanctions Continue to Be Lifted

- New License Reflects Shift in US Policy Towards Syrian Opposition Forces

- Focus Returns to North Korea as New Sanctions Target the Proliferation of WMD

- Treasury and State Department Designations Reflect Terrorism and Human Rights Concerns

- Excerpt from: Focus Returns to North Korea as New Sanctions Target the Proliferation of WMDs

Following North Korea’s detonation of an underground nuclear device on February 12, 2013, the United Nations Security Council unanimously adopted stringent new sanctions targeting North Korea, which require nations to crack down on North Korean financial transactions and check cargo suspected of containing nuclear and missile-related contraband, actions that before were only voluntary. The export to North Korea of luxury items such as yachts and luxury automobiles is also now banned.

Please see full round-up below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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