Resolves alleged violations of U.S. sanctions against North Korea. The Department of the Treasury reached a legal settlement with British American Tobacco (BAT) on Thursday, allowing the company…
Read MoreSanctions
Treasury Sanctions Russian Metals and Mining
Similar regulations are imposed by other G7 members. The Department of the Treasury announced a new determination last week that sanctions and blocks the import of Russian metals…
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Treasury Places Sanctions on MS-13 Gang Leaders
Drug trafficking, money laundering, and murder are some of the gang’s regular activities. The Treasury Department has imposed sanctions against two key members of the MS-13, an international…
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U.S. and Turkey Join Forces to Curtail Financing of ISIS
Turkey imposes a financial freeze while the U.S. implements sanctions. The governments of the United States and Turkey took simultaneous joint actions to disrupt an ISIS financial facilitation…
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OFAC Sanctions Companies Linked to Iranian Oil
Fifth round of designations against Iranian petroleum trade. The Office of Foreign Assets Control at the Department of the Treasury recently sanctioned 13 companies for their facilitation in…
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U.S., UK, and EU Allow Russian Fertilizer for Food Security
Individual guidances issued for food industry and partners. U.S. Secretary of State Antony Blinken released a joint statement this week with Josep Borrell, the High Representative of the…
Read MoreOFAC Sanctions Two North Korean Individuals
Treasury Department designates the pair for transporting and procuring ballistic missile supplies for DPRK. The Department of the Treasury’s Office of Foreign Assets Control designated two individuals for…
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President Expands Executive Order Regarding Nicaragua
Human rights violations lead to a new round of sanctions. President Joe Biden signed an executive order this week that will impact the Nicaraguan gold industry. The order…
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Two Senators Propose Secondary Sanctions on Russia
The proposal strengthens G7 nations’ price cap on Russian oil. Two members of the Senate Banking Committee introduced a preliminary draft for legislation on Tuesday to impose secondary…
Read MoreSenators Seek to Declare Russia State Sponsor of Terrorism
Others already listed are China, Iran, North Korea, and Syria. A bipartisan effort to declare Russia as a state sponsor of terrorism was introduced by Senators Lindsey Graham…
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