Posts by: Dmytro Konovalenko

The Office of Foreign Assets Control (OFAC) oversees the regulation of cross-border financial transactions involving U.S. parties, enforcing sanctions that restrict or prohibit dealings with specified foreign individuals and entities. To steer clear of OFAC enforcement actions, U Read more »

Refer to Related Case Documents: E.O. 14066, E.O. 14071 (“Prohibitions on Certain Services as They Relate to the Maritime Transport of Crude Oil of Russian Federation Origin”) (the “crude oil determination”, “Prohibitions on Certain Services as They Relate to the Mariti Read more »

Refer to Related Case Documents: E.O. 14038, E.O. 13405, International Emergency Economic Powers Act (IEEPA), 50 U.S.C. §§ 1701-1706, National Emergencies Act (NEA), 50 U.S.C. §§ 1601-1651 (for Belarus Sanctions), E.O. 14114, E.O. 14071, E.O. 14068, E.O. 14066, E.O. 14039, E. Read more »

Refer to Related Case Documents: E.O. 13876, E.O. 13846, the International Emergency Economic Powers Act (IEEPA), 50 U.S.C. §§ 1701-1706; Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010, Public Law 111-195, As Amended Through Public Law 112-239, Enacted Read more »

Refer to Related Case Documents: E.O. 13662, Countering America’s Adversaries Through Sanctions Act (CAATSA), PL 115-44; Ukraine Freedom Support Act of 2014 (UFSA); Support for the Sovereignty, Integrity, Democracy, and Economic Stability of Ukraine Act of 2014 (SSIDES); In Read more »

Refer to Related Case Documents: E.O. 13694 (as amended by E.O. 13757), the International Emergency Economic Powers Act (50 U.S.C. §§ 1701 et seq.) (IEEPA), and the National Emergencies Act (50 U.S.C. §§ 1601 et seq.) Case Background Our legal team received a request from Cli Read more »

In the realm of community service, the collaboration between healthcare initiatives and specialized legal support, such as that provided by sanctions law firm, is increasingly crucial, especially for projects aimed at underserved populations. The Mitchell Wolfson Sr. Department o Read more »

In a significant development reported by the U.S. Treasury Department, renowned Mexican soccer player Rafael “Rafa” Marquez, alongside more than 20 individuals, has been placed under sanctions due to alleged financial connections with Raul Flores Hernandez, a figure s Read more »

The Office of Foreign Assets Control (OFAC), an integral part of the U.S. Department of the Treasury, shoulders the responsibility of executing and enforcing economic sanctions. These regulatory actions, serving foreign policy or national security objectives, target foreign count Read more »

In the landscape of financial oversight, two key U.S. government agencies hold significant sway: the Office of Foreign Assets Control (OFAC) and the Financial Crimes Enforcement Network (FinCEN). Despite both residing under the U.S. Department of the Treasury’s umbrella and Read more »

What Does It Mean to Be Sanctioned? An In-Depth Analysis Sanctions, while a regular part of international politics, are a complex issue. This blog post aims to demystify sanctions and provide a comprehensive understanding of what it means for a country, an individual, or an entit Read more »

Sanctions are a key tool in the geopolitical toolkit, utilized by nations to exert pressure and influence without resorting to military action. This blog post will provide a comprehensive overview of the seven countries currently under economic sanctions imposed by the United Sta Read more »