OFAC Advisory to the Maritime Petroleum Shipping Community

Just recently on September of 2019, OFAC released its official warning to all business, organizations, and people involved in the maritime petroleum trade—specifically with Iran. These warning tie into OFAC’s overarching mission of creating sanctions beneficial to the United States. Trade policies and sanctions are both influence by international politics, governance, and national security. AsContinue reading “OFAC Advisory to the Maritime Petroleum Shipping Community”

Dalian Allowed to Float Free: How the Newly Issued General License K helped the Famous Chinese Tanker from COSCO Ltd. Successfully Get Away from Terrorists Sanctions

We are a Capitalistic society. When it comes to choosing between maintaining counter-terrorism measures and receiving financial benefits, America has responded. We try to do both. This recent general licensed involves a powerful international ocean shipping company owned by the Chinese. Originally, COSCO was blocked and sanctioned because it violated the OFAC rules against IranContinue reading “Dalian Allowed to Float Free: How the Newly Issued General License K helped the Famous Chinese Tanker from COSCO Ltd. Successfully Get Away from Terrorists Sanctions”

Avoid Non-Compliance with OFAC to Prevent Criminal Implications, which may happen absent an Evident Intent

On September 20th, 2019 the U.S. Department of Treasury made many updates on their Iran-specific counter terrorism designations. If you’ve turned on your television in the past couple months, you’ve probably heard the term “OFAC” thrown around during the evening news by President Trump. Well, OFAC, is basically the department in charge on enforcing theseContinue reading “Avoid Non-Compliance with OFAC to Prevent Criminal Implications, which may happen absent an Evident Intent”

Why Delist from OFAC Blocked List? Financial institutions listed in Designated Block List of US department of Treasury, OFAC List may potentially be charged with Conspiracy as they have facilitated prohibited acts or criminal actions threatening US security.

Understanding OFAC

OFAC, the Office of Foreign Asset Control, is part of the United States Treasury department that enforces economic sanctions against countries, organizations, and people that are involved, or believed to be involved in terrorism, the trafficking of narcotics, or other criminal activities. U.S. foreign policy dictates how OFAC enforces these sanctions. OFAC targets those nations,Continue reading “Understanding OFAC”

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Ramona Kennedy (Attorney) received her Jurisprudence Doctorate(Doctorate in law) in America. Ramona Kennedy is a licensed Attorney in California (USA) and a member of the American Immigration Lawyers Association (AILA). Ms. Kennedy's areas of practice are US Immigration law, US federal Laws and California State Laws. This is an immigration law blog. It is not intended to be used as legal advise. For further information please contact the law offices of Attorney Ramona Kennedy.