Tag Archives: “kara bombach”

United States Imposes Targeted Sanctions Against Russian Intelligence Agencies and Operatives Accused of U.S. Presidential Election Hacking

In late December 2016 and early January 2017, the U.S. government took action to sanction Russian individuals and intelligence agencies determined to be involved in hacking activities related to the November U.S. presidential election. Continue Reading.… Continue Reading

FinCEN Proposes New Rule to End North Korea’s Access to U.S. Financial System

In the wake of North Korea’s nuclear tests that violated United Nations (UN) sanctions, on June 1, 2016, the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) released a Notice of Finding that concludes that the Democratic People’s Republic of Korea (DPRK or North Korea) is a “jurisdiction of primary money laundering concern.” Continue Reading.… Continue Reading

U.S. Extends Authorization for Transactions with Sanctioned Belarusian Entities

On April 29, 2016, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued General License No. 2A  extending its previous Oct. 29, 2015, Belarus-related general authorization (General License 2) to engage in transactions with all sanctioned Belarusian entities. The previous General License 2 expired April 29, 2016. Continue Reading.… Continue Reading

Iran Deal is Implemented: U.S. and EU Remove Nuclear-Related Sanctions on Iran

Jan. 16, 2016 marked “Implementation Day” of the Iran Joint Comprehensive Plan of Action (JCPOA), as the U.S. initiated the removal of its nuclear-related sanctions against Iran and the EU removed the majority of its existing Iran-related sanctions. The final precondition to Implementation Day was met when the International Atomic Energy Agency (IAEA) issued a … Continue Reading

The Next Modest Wave of Cuba Thaw—U.S. Eases Restrictions on Exports, Export Trade Financing, and Artistic Productions

On Jan. 27, 2016, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) once again amended the existing Cuban Assets Control Regulations (Cuba Sanctions Regulations) to open the door for further U.S. engagement with Cuba. The amendments remove certain restrictions on the financing of exports to Cuba as well as restrictions on … Continue Reading

U.S. Authorizes Transactions with Certain Belarusian Entities

Effective Oct. 30, 2015, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued a Belarus-related General License authorizing U.S. persons to engage in all previously prohibited transactions with certain Belarusian entities despite OFAC’s sanctions against certain targeted individuals and entities in Belarus. The General License, however, contains a reporting obligation that … Continue Reading

Next Step in Iran Deal: Adoption Day requires JCPOA implementation

On Oct. 18, 2015, “Adoption Day” of the Iran Joint Comprehensive Plan of Action (JCPOA), the U.S. and EU took the required steps to prepare for implementation of the JCPOA. In the U.S., the president issued a memorandum directing the Departments of State, Treasury, Commerce, and Energy to make the necessary arrangements to implement the … Continue Reading

U.S. and Cuba to Re-establish Diplomatic Relations

Further to President Obama’s initial announcement in December 2014 of planned restoration of diplomatic ties on July 1, 2015, President Obama and Secretary of State John Kerry announced that the United States will restore formal diplomatic relations with Cuba and specifically that embassies will be re-established in Washington and Havana after more than 50 years. Uncertainty … Continue Reading

Cuba to Be Removed from U.S. State Sponsors of Terrorism List

On April 14, 2015, President Obama announced the removal of Cuba from the U.S. list of State Sponsors of Terrorism, a move that will allow the elimination of certain economic sanctions and pave the way for the restoration of diplomatic relations between the United States and Cuba. In this GT Alert, the authors discuss the … Continue Reading
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