News & Analysis as of

Unmanned Aircraft Systems SDN List

Orrick, Herrington & Sutcliffe LLP

OFAC continues to sanction Iran’s UAV procurement network

On March 21, the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) announced sanctions in coordination with the FBI against four entities and three individuals in Iran and Turkey accused of supporting Iran’s...more

Orrick, Herrington & Sutcliffe LLP

OFAC sanctions Iran’s international UAV procurement network

On March 9, the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) announced sanctions against a China-based network of five companies and one individual accused of supporting Iran’s unmanned aerial vehicle...more

Orrick, Herrington & Sutcliffe LLP

OFAC sanctions senior executives of Iranian UAV manufacturer

On February 3, the U.S. Treasury Department’s Office of Foreign Assets Control announced sanctions pursuant to Executive Order 13382 against eight senior executives of an Iran-based firm that was previously sanctioned by the...more

Orrick, Herrington & Sutcliffe LLP

OFAC sanctions suppliers of Iranian UAVs used in Russia’s war against Ukraine

On January 6, the U.S. Treasury Department’s Office of Foreign Assets Control announced sanctions pursuant to Executive Order 13382 against six executives and board members of a U.S.-designated Iranian defense manufacturer...more

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