OFAC and OFSI Issue Licenses for Humanitarian Aid in Syria and Turkey
On February 6, 2023, two massive earthquakes of 7.8 and 7.6 magnitude struck Turkey and Syria, resulting in substantial physical damage and tremendous loss of life with over 40,000 deaths as of...
View ArticleYou’re Invited: Tuesdays with Trade Webinar Series
Register Now This March please join Crowell’s International Trade team for two webinar events. These 1-hour, CLE virtual events will cover the Russian invasion of Ukraine and what that means for...
View ArticleThe United States Imposes New Sanctions and Export Controls Targeting Russia...
On February 24, 2023, the United States and other G7 nations announced a number of new sanctions and export control measures coinciding with the one-year mark of Russia’s military invasion of Ukraine....
View ArticlePressure Mounting: United States and United Kingdom Impose New Sanctions and...
Following a meeting of the G7 Summit Leaders, on May 19, 2023, the United States and the United Kingdom announced a new round of sanctions and export controls against the Government of the Russian...
View ArticleJoint Agency Guidance to Exporters on Iran’s UAV Activities
Last Friday, the U.S. Departments of Commerce, Justice, State, and the Treasury issued a joint guidance sheet on Iran’s unmanned aerial vehicles (“UAVs”) program (the “Iran UAV Guidance”). The Iran UAV...
View ArticleDOJ, OFAC, and BIS Issue “Tri-Seal Compliance Note” Focusing on Voluntary...
What You Need to Know Key takeaway #1 Companies should be mindful that the U.S. agencies responsible for civil and criminal export controls and sanctions compliance maintain separate VSD policies. This...
View ArticleTreasury’s OFAC Announces Magnitsky Designations for Two Former Afghan...
On December 11, the U.S. Department of Treasury (“Treasury”)’s Office of Foreign Assets Control (“OFAC”) announced sanctions against two former Afghan government officials, Mir Rahman Rahmani and his...
View ArticleOFAC Updates Civil Monetary Penalties
Last week, OFAC announced it is increasing its maximum amount of the civil monetary penalties (CMP) that may be assessed under relevant OFAC regulations by implementing the Federal Civil Penalties...
View ArticleOFAC Re-Adds Yemen’s Houthis to SDN List
On January 17, 2024, the US Department of the Treasury (“Treasury”) Office of Foreign Assets Control (“OFAC”) announced the re-addition of Ansarallah, better known as the Houthis, to the List of...
View ArticleOFAC issues Russia-related General License 83A
On February 20, 2024, the U.S. Department of Treasury’s Office of Foreign Assets Control (OFAC) issued Russia-related General License (GL) 83A, “Authorizing Certain Transactions Related to Imports of...
View Article
