OFAC Sanctions Paraguayan Company for Material Support
OFAC Sanctions Paraguayan Tobacco Firm Ties to Sanctioned Ex-President By Hdeel Abdelhady The Treasury’s Office of Foreign Assets Control (OFAC) re-imposed sanctions on…
Foreign Agents Registration Act Charge Highlights China, Academia Nexuses
Foreign Agents Registration Act Charge Against U.S.-Israel Citizen Highlights FARA-China-Academia Nexuses Introduction The DOJ charged a dual U.S.-Israel citizen with offenses related to…
Swedbank Latvia Settlement: Sanctions Compliance Lessons
OFAC – Swedbank Latvia Settlement Settlement Highlights Importance of Integrating Geolocation and Know Your Customer Data By Hdeel Abdelhady | June 23, 2023…
U.S. sanctions on Russia likely to be felt widely – Hdeel Abdelhady
In this Reuters commentary, Hdeel Abdelhady discussed U.S. blocking and non-blocking Ukraine-related sanctions on Russia, and their likely impacts.
Russia Sanctions in Response to Invasion of Ukraine
Russia Sanctions in Response to Ukraine Invasion, by Hdeel Abdelhady February 28, 2022 ▪ Author: Hdeel Abdelhady ▪ Topics: Russia Sanctions, Sanctions In…
OFAC Authorizes Humanitarian Aid to Afghanistan
OFAC issued two general licenses authorizing certain Afghanistan humanitarian aid and activities involving the Taliban or the Haqqani Network. The licenses authorize transactions otherwise prohibited by the Global Terrorism Sanctions Regulations, 31 C.F.R. part 594 (GTSR); the Foreign Terrorist Organization Sanctions Regulations, 31 C.F.R. part 597 (FTOSR); or, Executive Order 13224 of September 23, 2001, “Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten To Commit, or Support Terrorism,” as amended (EO 13224).
OFAC Asserts Sanctions Jurisdiction Over US-Origin Technology
OFAC’s sanctions enforcement against SITA, the Switzerland-based provider of global air transport technology and services, premised U.S. sanctions jurisdiction on the provision of U.S.-origin technology and the involvement in transactions of networking hardware and servers located in the United States.
OFAC Expanded General License for U.S. Persons to Transact in Certain Inherited and Other Property in Iran
Under amended Section 560.543 of the ISTR, individuals who are U.S. citizens and permanent residents[2] “are authorized to engage in transactions necessary and ordinarily incident to the sale of real and personal property in Iran and to transfer the proceeds to the United States,” but only if the real and personal property was (1) “acquired before the individual became a U.S. person” or (2) was “inherited from persons in Iran.
Nonprofit Organizations and the Foreign Agents Registration Act
FARA was enacted in 1938, but only recently entered the public consciousness through the Special Counsel’s investigation of Trump campaign and administration officials. Following the indictment of Paul Manafort for FARA and other violations, and Michael Flynn’s remedial registration under FARA after his previously undisclosed work on behalf of foreign governments came to light, lobbyists, public relations professionals and law firms, among others, reportedly were moved to register as foreign agents or assess their FARA registration obligations