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OFAC Lifts Sanctions On EN+, Rusal And EuroSibEnergo

On Sunday, January 27, 2019, the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”) announced the lifting of sanctions imposed on En+ Group plc (“En+”), UC Rusal plc (“Rusal”) and JSC EuroSibEnergo...more

OFAC Announces Multiple Changes To Russia Related Sanctions

On December 19, 2018, the U.S. Treasury Department’s Office of Foreign Assets Control (“OFAC”) and the U.S. State Department took multiple sanctions actions related to Russia:- Proposed Delisting of En+ Group, UC Rusal and...more

U.S. Reimposes Tough Sanctions On Iran; More Designations To Come

On November 5, 2018, the United States fully reimposed sanctions against Iran as part of its decision to withdraw from the Iran nuclear deal, also known as the Joint Comprehensive Plan of Action (“JCPOA”). President Trump...more

OFAC Extends Authorization Period For Licensed Transactions With Certain Russian SDNs

As previously covered on April 6, 2018, the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”) invoked authority provided under the Countering America’s Adversaries Through Sanctions Act (“CAATSA”) in...more

Trump Administration Issues New CAATSA Executive Order, Adds 33 Persons To LSP List And Sanctions Chinese Defense Buyer

On September 20, 2018, President Trump released a 16-page Executive Order which delegated various Presidential powers established under the Countering America’s Adversaries Through Sanctions Act (“CAATSA”) to both the U.S....more

President Trump Announces Decision To Withdraw From Iran Nuclear Deal And Reimposition Of Previously Waived Sanctions

President Trump announced today, May 8, 2018, that the United States will withdraw from the Iran Nuclear Deal and will begin reimposing previously waived sanctions on Iran. The deal, formally known as the Joint Comprehensive...more

Russia Sanctions Developments Incite Controversy And Signal Possible Future Changes

Congress enacted the “Countering America’s Adversaries Through Sanctions Act” (CAATSA) on August 2, 2017 in response to Russia’s continuing occupation of the Crimea region of Ukraine and cyber-interference in the 2018 United...more

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