My colleague Stan Marcuss points out that the Office of Foreign Assets Control (“OFAC”) appears to have changed course in treating Freedom of Information Act (“FOIA”) requests and has decided to hand out OFAC license applications willy-nilly to anyone who…
An interesting story in today’s Wall Street Journal details instances in which a number of U.S. companies imported items from China Precision Machinery Import Export Corporation despite the fact that CPMIEC is on the Office of Foreign Assets Control’s Specially…
A spokesman for the Treasury Department’s Office of Foreign Assets Control (“OFAC”) told Export Law Blog this morning that discussions between OFAC and the North Pole over Santa Claus’s Christmas Eve itinerary had broken down and were not expected to…
Last week several readers brought to my attention a Bloomberg story that announced in its headline “U.S. Wants Microsoft to End Message Ban in Iran, Cuba.” This created a bit of a hubbub at the world headquarters of Export Law…
The Treasury Department’s Office of Foreign Assets Control (“OFAC”) issued a guidance today on exports of medical parts to support medical devices legally exported under OFAC licenses to Iran or Sudan, the two countries for which OFAC exercises licensing authority…