President Donald Trump on Jan. 20, 2025, issued various immigration-related Executive Orders (EOs) and presidential actions that could have an immediate and lasting impact on Latin American countries. President Trump's...more DOJ’s Increasing Role in the Enforcement of U.S. Trade Laws ...
TheSpecially Designated NationalsList:TheSDN listcontains the names ofindividuals and companies which are controlled by or acting on behalf of countries targeted by United States sanctions TheConsolidated Sanctions List:A list containing allsanctions information not incorporated into the SDN list OtherUSsan...
Assets of major Russian entrepreneurs frozen Large-scale entry and visa bans for Russian oligarchs and their family members More countries follow the Western measures While Switzerland and Norway follow the EU on Russia sanctions, the United States suspends normal trade relations with Russia until furth...
Asset Freezes: Locked the assets of designated individuals, entities, or governments away and preventing them from accessing their financial resources. Trade Restrictions: Imposing restrictions on importing and exporting specific goods and services to and from the targeted countries or entities. ...
pushing for more aggressive enforcement and implementation of the types of sanctions that Elaf faced. If they get their way, a number of foreign financial institutions may find themselves having to follow the model Elaf set forth for removal from the Part 561 List or from the OFAC SDN List ...
In most cases, OFAC plays an indirect role in blocking funds and other assets. Import/export companies and financial institutions have a legal duty to inspect OFAC’s Specially Designated Nationals And Blocked Persons List and block transactions involving blocked or targeted countries, companies, and...
s Bureau of Industry and Security (BIS) added Yantai Jereh Oilfield Services Group Co., Ltd. and four of its former employees to a denied party list. As part of the settlement for this investigation, the Jereh Group paid OFAC $2,774,972.https://www.treasury.gov/resource-center/sanctions...
and adequacy of an SCP. and when appropriate, may mitigate a CMP on that basis.在将OFAC在将指南适用于特定事实情况时,会把被处罚人在明显违规行为发生时所拥有的有效SCP作为一个有力因素进行考虑。例如,在通用因素E(合规方案)下,OFAC可以对SCP的存在、性质及充分性进行考虑。适当时,可以基于这个因素减轻民...
countries, or regions. For example an organization's SCP may conduct an assessment of the following: (i) customers, supply chain intermediaries, and counter-parties; (ii) the products and services it offers, including how and where such items fit into other financial or commercial products, ser...