Screen clip from Al-Zawraa On January 9, the Department of Treasury designated Syrian television station Al-Zawraa under Executive Order 13438. That executive order targets parties that threaten Iraqi stabilization, including insurgent and militia groups and their support. Among the reasons…
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…
There has been some discussion here at Export Law Blog about the proper role of freight forwarding companies in export enforcement. If a customer of a freight forwarder proffers a package addressed to Iran without an OFAC license, should the…
The Office of Foreign Assets Control (“OFAC”) today released a document entitled “Notice for TSRA License Holders and Applicants.” In that document, OFAC notes that Bank Sepah, Bank Saderat, Bank Mellat and their branches and certain subsidiaries were designated pursuant…
The Office of Foreign Assets Control (“OFAC”) yesterday released its monthly report on penalties imposed by the agency last month. And, for the first time since the invention of the Internet, no one got fined for buying Cohibas over the…