Sanctions Notes

OFAC Publishes Guidance on “Communist Chinese Military Companies”

The US Government Rescinds Sudan’s State Sponsor of Terrorism Designation

OFAC Introduces Non-SDN Menu-Based Sanctions List

On December 14, OFAC published a new “Non-SDN Menu Based Sanctions List.” The publication is designed to be a reference tool that identifies individuals …

New Guidance Document Clarifies Due Diligence Expectations for Charities and Non-Profit Bank Customers

On November 19, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Financial Crimes Enforcement …

EU introduces global human rights sanctions regime

OFAC Sanctions Chinese Tech Company for Violating Venezuela Sanctions

US Federal Agencies Continue the US “Maximum Pressure” Campaign

In series of coordinated actions and announcements during the course of October and November 2020 (the Recent Iran Actions), three US federal …

OFAC Extends Venezuela General License 8, Enabling US Energy Companies to Continue Engaging in Limited Activities With PdVSA

United States imposes new restrictions on securities of companies allegedly linked to the Chinese military

OFAC Issues Advisory Highlighting Sanctions Risks Arising from Transactions Involving High-Value Artwork

On October 30, OFAC published an advisory (the “Advisory”), which highlights sanctions risks arising from transactions involving high-value artwork …

US Department of State Issues Guidance on Human Rights Due Diligence for Surveillance-Capable Products and Services

On September 30, 2020, the US Department of State published new guidance on human rights due diligence for US businesses involved in the sale of products …

OFSI Releases its Third Annual Review for 2019-2020