OFAC

Dirty Tricks and Sneaky Tactics: U.S. Issues Advisory on Sanctions Risks Involving North Korea

by Melissa Proctor • July 24, 2018

[July 23, 2018)] On July 23, 2018, the U.S. Departments of State, Treasury and Homeland Security issued an advisory that warns companies of the tactics used by North Korea to evade U.S. and United Nations economic sanctions. Today’s advisory does not impose any new sanctions on North Korea. Rather, the sanctions on North Korea remain […]


U.S. Announces Withdrawal from the Iran Nuclear Deal and the Snap-Back of Previously Lifted Sanctions

by Melissa Proctor • May 9, 2018

On May 8, 2018, the President announced that the United States would withdraw from the Joint Comprehensive Plan of Action (“JCPOA”), and begin reimposing the nuclear-related sanctions that were lifted in 2015. He also issued a National Security Presidential Memorandum (“NSPM”) directing the U.S. Treasury Department and other departments and agencies to begin taking the […]


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

by Melissa Proctor • April 24, 2018

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, […]


OFAC Adds Russian Oligarchs, Senior Government Officials and Russian-Owned Companies to the Specially Designated Nationals List

by Melissa Proctor • April 10, 2018

On April 6th, pursuant to the Countering America’s Adversaries Through Sanctions Act (CAATSA) and various Executive Orders, the U.S. Treasury Department’s Office of Foreign Assets Control (“OFAC”) added 36 parties to the Specially Designated Nationals (“SDN”) List including: 7 Russian oligarchs and the 12 companies that they own or control; 17 senior Russian government officials; and, […]


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Mark Your Calendar: “The ABC’s of Embargoes and Sanctions” 2-Part Live, Interactive Webinar on February 27th and March 27th

by Melissa Proctor • January 29, 2018

Melissa Proctor will be giving two online webinars on “The ABC’s of Embargoes and Sanctions” for the Export Compliance Training Institute (ECTI) on February 27, 2018 and March 27, 2018 from 1:00 – 2:30pm EST. The United States currently maintains a complex web of embargoes and economic sanctions programs levied against various countries, entities, and […]


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ITAR, EAR & OFAC Controls Seminars San Diego, California

by Melissa Proctor • October 23, 2017

Export Compliance Training Institute (ECTI) ITAR Controls Seminar (January 22nd & 23rd)   (January 24th & 25th)  San Diego, California Melissa Proctor will be a featured speaker at the upcoming ECTI “ITAR Controls” and “EAR & OFAC Controls” Seminars which will be held at the Doubletree Hotel San Diego Downton in San Diego, California from January 22nd – […]