In response to an agreement reached on Tuesday between President Nicolás Maduro’s representatives and the Venezuelan political opposition about a road map for the 2024 Venezuelan presidential election, on October 18, the...more
On May 19, 2023, the Biden Administration along with leaders of the Group of Seven (G7), unveiled a new package of sanctions. The G7 leaders released a joint statement reaffirming their commitment to offer “the financial,...more
6/6/2023
/ Biden Administration ,
Bureau of Industry and Security (BIS) ,
Defense Sector ,
Economic Sanctions ,
Energy Sector ,
Entity List ,
Evasion ,
Executive Orders ,
Export Controls ,
Foreign Policy ,
G7 ,
General Licenses ,
Military Conflict ,
Office of Foreign Assets Control (OFAC) ,
Prohibited Transactions ,
Russia ,
SDN List ,
Third-Party ,
U.S. Commerce Department ,
Ukraine
This briefing is intended to provide an update on two recent developments under the US sanctions regime.
..The first one is the introduction of US sanctions related to the Nord Stream 2 pipeline project, which threaten to...more
1/30/2020
/ Administrative Procedure Act ,
Blocking Sanctions ,
Civil Monetary Penalty ,
Construction Industry ,
Contract Formation ,
Defense Sector ,
Economic Sanctions ,
Energy Projects ,
Energy Sector ,
Enforcement Actions ,
EU ,
Exxon Mobil ,
Fair Notice ,
Federal Budget ,
Foreign Policy ,
National Security ,
Office of Foreign Assets Control (OFAC) ,
Pipelines ,
Prohibited Transactions ,
Russia ,
SDN List ,
Summary Judgment ,
Vessels
On Monday, the United States announced that it would not extend the temporary waivers that were granted to eight countries last November allowing them to purchase Iranian oil without threat of sanctions. The temporary waivers...more
4/29/2019
/ Economic Sanctions ,
Energy Sector ,
FinCEN ,
Foreign Financial Institutions (FFI) ,
Iran ,
Iran Sanctions ,
Joint Comprehensive Plan of Action (JCPOA) ,
NDAA ,
Oil & Gas ,
Secondary Sanctions ,
Waivers
As of November 5, 2018, US secondary sanctions against Iran are back in force, and more than 700 Iranian individuals and entities have been re-added or newly added to the US Specially Designated Nationals and Blocked Persons...more