News & Analysis as of

Barack Obama Economic Sanctions

Barack Hussein Obama is the 44th President of the United States. President Obama is a Democrat and was originally elected to the Presidency in 2008. He was elected for a second-term in November of 2012.
WilmerHale

Treasury Department Imposes New Sanctions Against Iran and Clarifies Russia Cyber Sanctions

WilmerHale on

New Iran Designations - On Friday, the US Treasury Department's Office of Foreign Assets Control (OFAC) designated 25 individuals and entities under Executive Orders 13382 and 13224 for their roles in procuring...more

Skadden, Arps, Slate, Meagher & Flom LLP

"Future of Sanctions on Iran, Russia and Cuba Uncertain Under Trump"

Throughout the eight years of the Obama administration, the development and implementation of economic sanctions was a key element of U.S. foreign and national security policy. This strategy continued into the post-election...more

Holland & Knight LLP

U.S. Government Loosens Controls on Transactions Involving Sudan

Holland & Knight LLP on

Before leaving office, former President Barack Obama signed Executive Order (E.O.) 13761 on Jan. 13, 2017, in response to "positive actions" by the Government of Sudan. E.O. 13761 establishes a basis for complete revocation...more

BCLP

Significant Changes to US Sanctions Against Sudan Opens the Door for New Opportunities (IRB No. 561)

BCLP on

Catching many by surprise, President Obama issued an Executive Order on Friday, January 13, 2017, which provides for the lifting of sanctions against Sudan in six months. In addition, OFAC published on Tuesday (January 17,...more

Bass, Berry & Sims PLC

Freaky Friday – U.S. Unexpectedly Eases Sanctions on Sudan

Bass, Berry & Sims PLC on

- Virtually all U.S. sanctions on Sudan lifted effective January 17, 2017 - Sanctions could be permanently lifted in six months - There continue to be practical challenges to doing business in Sudan...more

Skadden, Arps, Slate, Meagher & Flom LLP

"US Announces Tentative Lifting of Sudan Sanctions; OFAC Issues Guidance on Providing Sanctions Advice"

On January 13, 2017, President Obama and the Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced the interim lifting of sanctions on Sudan, with a path to a permanent revocation of sanctions in six...more

Akin Gump Strauss Hauer & Feld LLP

Obama Administration To Terminate Sudan Sanctions Program

Key Points - - Effective today, a new general license reverses two decades of U.S. policy by authorizing all transactions otherwise prohibited by the Sudanese Sanctions Regulations (SSR), including all transactions...more

Sheppard Mullin Richter & Hampton LLP

The Future of Russia Sanctions: The Awkward Edition

On January 10, 2017, Senate Republicans and Democrats introduced bi-partisan legislation called the “Countering Russian Hostilities Act of 2017,” which would impose broad sanctions on Russia. The Act would codify the...more

Bass, Berry & Sims PLC

Hey! Did You Hear? The United States Imposed Sanctions Against Russia.

For those of us who live and breathe U.S. economic sanctions, we are used to most people largely ignoring what goes on in our world. The United States’ recent imposition of new sanctions against Russia, however, was not one...more

Bass, Berry & Sims PLC

Post-Election Sanctions Hangover

Bass, Berry & Sims PLC on

With the results in from the U.S. presidential election, companies should begin to consider the potential impact of a Trump presidency on their international business. U.S. economic sanctions were among the hot-button issues...more

A&O Shearman

Sanctions Roundup: Third Quarter 2016 and Executive Order on Burmese Sanctions

A&O Shearman on

OFAC, acting under the direction of President Obama’s Executive Orders, has lifted the economic and financial sanctions against Burma and Côte D’Ivoire. The revisions open these countries, and their financial markets, to...more

Skadden, Arps, Slate, Meagher & Flom LLP

After Nearly 20 Years, US Lifts Burma Sanctions

After nearly two decades, the United States has formally ended economic sanctions on Burma (Myanmar). Citing substantial efforts undertaken to promote democracy, President Barack Obama issued an executive order, on October 7,...more

Akin Gump Strauss Hauer & Feld LLP

Burma Sanctions Lifted—Political and Reputational Risks Remain

If you read one thing… - On October 7, 2016, President Obama issued an Executive Order that effectively eliminates sanctions against Myanmar (referred to as Burma by the White House) and removes the sanctions...more

King & Spalding

Trade & Manufacturing - June 2016

King & Spalding on

President Obama Signs American Manufacturing Competitiveness Act of 2016 - On May 20, President Obama signed the American Manufacturing Competitiveness Act of 2016 into law (the Act). The Act restores the ability of the...more

Pillsbury - Global Trade & Sanctions Law

Additional Steps to Ease U.S. Sanctions and Export Controls for Cuba prior to Obama Visit

In advance of President Obama’s highly publicized trip to Cuba, the Administration took additional steps to ease restrictions on trade and travel with Cuba. These changes to the Cuban Assets Control Regulations (CACR) and...more

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