Sanctions Notes

US Department of State Issues Guidance on Human Rights Due Diligence for Surveillance-Capable Products and Services

On September 30, 2020, the US Department of State published new guidance on human rights due diligence for US businesses involved in the sale of products …

OFSI Releases its Third Annual Review for 2019-2020

OFAC Sanctions Russian Government Research Institution Connected to the Triton Malware

On October 23, OFAC designated State Research Center of the Russian Federation FGUP Central Scientific Research Institute of Chemistry and Mechanics …

Update on Section 889 Restrictions Relating to Telecommunications and Video Surveillance Services or Equipment from Certain Chinese Companies

OFAC Issues New Venezuela General License, Effectively Delaying Creditors’ Ability to Seize Citgo Assets

OFAC Significantly Expands Sanctions on the Iranian Financial Sector

Recent Trends in Secondary Sanctions

In recent years, OFAC has increasingly used secondary sanctions – the threat of being placed on a US sanctions list on the basis of dealings with …

Hong Kong update: financial institutions prepare for possible designations under the Hong Kong Autonomy Act in October 2020

Venezuela Update: Summer of Sanctions Sees Continuation of US Maximum Pressure Campaign in Venezuela

As the United States continues its “maximum pressure” campaign on the Maduro regime in Venezuela, the US Department of Treasury’s Office of Foreign …

OFAC, FinCEN Publish Ransomware Advisories

US Office of Foreign Assets Control imposes sanctions against 11 designated individuals in Hong Kong

President Trump Issues New Executive Order Blocking Property of the Government of Venezuela