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OFAC Updates Week 9/21/20
September 21, 2020 The President has issued the "Blocking Property of Certain Persons with Respect to the Conventional Arms Activities of...
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clarkespositolaw
Sep 23, 2020
OFAC UPDATE: Reminder for the Annual Report of Blocked Property
On July 1, 2020, the Office of Foreign Assets Control (OFAC) issued a recent action notice, reminding holders of property blocked...
clarkespositolaw
Sep 15, 2020
OFAC Updates Week 9/7/20
September 8, 2020 The Office of Foreign Assets Control (OFAC) has updated their Specially Designated Nationals and Blocked Persons (SDN)...
clarkespositolaw
Sep 8, 2020
OFAC Updates Week 8/31/20
September 1, 2020 The Departments of State, The Treasury and Commerce have issued a joint advisory, North Korea Ballistic Procurement...
clarkespositolaw
Sep 2, 2020
OFAC Updates Week 8/24/20
August 25, 2020 The Office of Foreign Assets Control (OFAC) has updated their Specially Designated Nationals and Blocked Persons (SDN)...
clarkespositolaw
Sep 1, 2020
OFAC Updates Week 8/17/20
August 17, 2020 The Office of Foreign Assets Control (OFAC) has updated their Specially Designated Nationals and Blocked Persons (SDN)...
clarkespositolaw
Aug 26, 2020
Which ECCN Do I Use?
The US Department of Commerce has empowered the Bureau of Industry and Security (BIS) with advancing national security, foreign policy...
clarkespositolaw
Aug 19, 2020
OFAC and Assets: Rejecting v. Blocking
The Office of Foreign Assets Control (OFAC) often imposes sanctions against foreign entities to regulate who U.S. exporters conduct...
clarkespositolaw
Aug 19, 2020
OFAC Updates Week 8/10/20
August 10, 2020 The Office of Foreign Assets Control (OFAC) amended their definition of "Applicable Schedule Amount" within the Economic...
clarkespositolaw
Aug 17, 2020
OFAC Updates Week 8/3/20
August 5, 2020 The Office of Foreign Assets Control (OFAC) has updated their Specially Designated Nationals and Blocked Persons (SDN)...
clarkespositolaw
Aug 7, 2020
What are BIS General Prohibitions?
The Export Administration Regulations (EAR) subchapter of Federal Regulation Title 15 (15 CFR) lists out general prohibitions and factors...
clarkespositolaw
Aug 4, 2020
OFAC Updates Week 7/27/20
July 28, 2020 The Office of Foreign Assets Control (OFAC) has reached a settlement agreement of $824,314 with Whitford Worldwide Company,...
clarkespositolaw
Jul 31, 2020
How Does OFAC Enforce Sanctions?
Understanding sanctions and embargoes is the most important factor of running an export business as there are many regulations and...
clarkespositolaw
Jul 30, 2020
OFAC Updates Week 7/20/20
July 20, 2020 The President issued new Executive Order 13936, "The President's Executive Order on Hong Kong Normalization." The order...
clarkespositolaw
Jul 23, 2020
OFAC Updates Week 7/13/20
July 15, 2020 The Office of Foreign Assets Control (OFAC) has amended the Venezuela related General License 5d regarding "Authorizing...
clarkespositolaw
Jul 20, 2020
Export Administration Regulations: Four Questions Every Exporter Should Ask
The Bureau of Industry and Security (BIS) under the US Department of Commerce is tasked with advancing national security, foreign policy...
clarkespositolaw
Jul 16, 2020
OFAC Updates Week 7/6/20
June 8. 2020 The Office of Foreign Assets Control (OFAC) announced a settlement with Amazon.com, Inc. totaling $134,523 following the...
clarkespositolaw
Jul 9, 2020
Develop Your Export Plan With This Free Template
Planning to export for the first time or ready to take your sales to a new frontier? Use the template* we’ve provided below to help you...
clarkespositolaw
Jul 7, 2020
OFAC Updates Week 6/29/20
July 1, 2020 The US Departments of State, Commerce, Homeland Security and Treasury issued a joint advisory to warn U.S. supply chain...
clarkespositolaw
Jul 2, 2020
OFAC Updates Week 6/22/20
June 22, 2020 The Office of Foreign Assets Control (OFAC) has issued a technical notice for users of their website and sanctions list...
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