According to this report on the BBC website, Secretary of State Hillary Clinton announced today that the United States is preparing new economic sanctions against North Korea. The new sanctions are clearly a response to a report blaming North Korea…
Last week the Bureau of Industry and Security (“BIS”) adopted, with a few minor revisions, a rule that it had proposed in August 2009 imposing new controls on execution equipment, torture devices, law enforcement restraint devices and law enforcement striking…
The latest monthly release of civil penalty information by the Office of Foreign Assets Control (“OFAC”) describes a penalty “settlement’ with the United Nations Federal Credit Union, which agreed to pay $500,000 to settle charges that the UNFCU “dealt in…
ABOVE: Nigel Howard Malpass This blog reported back in June on the shenanigans of Nigel Howard Malpass, who assisted the Islamic Republic of Iran Shipping Lines (“IRISL”) in evading U.S. sanctions on IRISL vessels by re-naming, re-registering and re-flagging those…
It has begun. A press release from the U.S. Council For International Business (“USCIB”), the U.S. “arm” of the International Chamber of Commerce (“ICC”), announced today day-long seminars, to be held everywhere from Pittsburgh to Omaha, on the “much anticipated”…