Major penalties highlight compliance risks. Read more...| Export Solutions, Inc.
On June 30, 2025, the White House reissued National Security Presidential Memorandum-5 (“2025 NSPM-5”) focused on Cuba policy that it published in largely the same form in the first Trump Administration (see the “2017 NSPM-5”). As acknowledged in Section 4(a) of the reissued document, much of the contents of the 2025 NSPM-5 was already implemented [...] The post White House Reissues Cuba-Related Presidential Memorandum from First Trump Administration and US State Department Updates ...| Global Sanctions and Export Controls Blog
On June 30, 2025, President Trump issued Executive Order 14312 (the “Syria EO”) terminating the U.S. comprehensive sanctions program targeting Syria, while also continuing to maintain and expand certain sanctions targeting former Syrian President Bashar al-Assad and others associated with the former Syrian regime. In addition, the U.S. State Department revoked the designation of Hay’at Tahrir [...] The post United States Lifts Comprehensive Syria Sanctions appeared first on Global Sanc...| Global Sanctions and Export Controls Blog
The Office of Foreign Assets Control today announced it is transitioning its licensing hotline to a new online platform. The| ABA Banking Journal
Learn how to identify trade compliance red flags and prevent product diversion in global transactions. Read more...| Export Solutions, Inc.
Unlike previous arrangements, the latest US Treasury license for the oil company is clouded in mystery.| Venezuelanalysis
In a significant shift in international policy, the United States, European Union, and United Kingdom have each taken steps to ease sanctions on Syria, aiming to support the country’s reconstruction and political transition following the fall of the Assad regime. United States Actions On May 23, 2025, the U.S. Department of the Treasury’s Office of... Continue Reading| Global Trade Law Blog
The US Treasury’s OFAC imposed sanctions on 21 Venezuelan officials in the latest wave of measures, which Caracas labeled a "desperate act."| Venezuelanalysis
The Office of Foreign Assets Control released guidance this week announcing plans to issue an interim final rule to extend| ABA Banking Journal
The Financial Crimes Enforcement Network, together with the Office of Foreign Assets Control and the FBI, today issued a notice| ABA Banking Journal