If Sanctions Fell on Eritrea, Would Anyone Feel Them?
In testimony before the House Foreign Affairs Committee, Susan Rice, the U.S. Ambassador to the United Nations, rattled the sanctions saber against Eritrea, saying that the Eritrean government had only a “short window of time” to improve its relationship with…
Syrian Sanctions Relief Announced
According to this article in the New York Times, the Obama administration announced today more easing of the sanctions against Syria, stating that it would begin expedited case-by-case consideration of export licenses to Syria: The move will particularly affect “requests…
Riddle of the Day
The Office of Foreign Assets Control issued today a Final Rule, without notice or public participation, which, effective immediately, amends the Iranian Transactions Regulations to amend the definition of “Iranian Account” found in § 560.320 of those Regulations. Prior to…
Cuba Tourist Files Suit Over OFAC Questionnaire
Zachary Sanders, a Brooklyn attorney, filed* suit in federal district court against the Office of Foreign Assets Control (“OFAC”) in connection with a $9,000 fine imposed on him by OFAC for failing to respond to a Request for Information (“RFI”)…
