Did You Miss These Recent Significant Export and Sanctions Regulatory Developments?

The following provides a snapshot of recent regulatory export and sanctions developments in case you happened to miss these key news items: OFAC Sanctions Key Players in Iran’s Oil Sector On October 26, 2020, the Treasury Department’s Office of Foreign Assets Control (OFAC) added several individuals, entities and vessels to the Specially Designated Nationals (SDN) […]

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

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, […]