OFAC Extends Wind-Down and Maintenance Period for United Company RUSAL PLC under the Ukraine/Russia Related Sanctions

On April 23, 2018, the Treasury Department’s Office of Foreign Assets Control (OFAC) extended the wind-down period for United Company RUSAL PLC (hereinafter “RUSAL”), the world’s second largest producer of aluminum and one of the companies added to the Specially Designated Nationals (SDN) List earlier this month with other Russian oligarchs, senior Russian government officials, […]

North Korea (Again) Designated by the United States as a State Sponsor of Terrorism

On November 21, 2017, the United States formally re-designated North Korea as a State Sponsor of Terrorism for, among other reasons, conducting six nuclear tests, firing ballistic missiles over Japan, engaging in suspected arms transfers to terrorists, and the assassination of the North Korean dictator’s half-brother in an airport in Malaysia. Although North Korea has […]