Criminal Implications of Violating OFAC Sanctions

The Office of Foreign Assets Control (OFAC) is a department of the U.S. government responsible for enforcing economic and trade sanctions based on US foreign policy and national security goals. Typically, these sanctions are aimed against targeted foreign countries and regimes, terrorists, international narcotics traffickers, those engaged in activities. As such, OFAC’s sanctions against suchContinue reading “Criminal Implications of Violating OFAC Sanctions”

US Sanctions Against Iran

When it comes to international trade and politics, countries will often exercise economic, trade, military, and even scientific sanctions against other countries. These international “sanctions” are often leveraged by leaders of countries in order to incentivize compliance and cooperation in many political matters. Typically, these sanctions are aimed at protecting the interests of one’s countryContinue reading “US Sanctions Against Iran”

OFAC Cracking Down on Sanction Violations: Standard Chartered Bank’s Hefty $657 Million Fine

As of recent, news has just confirmed that Standard Chartered Bank has paid $657 million to the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) in order to resolve their sanctions violations. These sanction violations primarily relate to transactions involving Iran, with other violations involving current or former sanctions on Cuba, Sudan,Continue reading “OFAC Cracking Down on Sanction Violations: Standard Chartered Bank’s Hefty $657 Million Fine”

OFAC’s Recent Clarification on Counter Terrorism Sanctions

Following the recent trend of President Trump cracking down on terrorism overseas, Office of Foreign Assets Control (OFAC) has recently added new individuals and entities under the counter terrorism designation for Specially Designated Global Terrorist (SDGT’s). As of December 13, 2019, this updated list prohibits US. Citizens and permanent residents (regardless of their current location) fromContinue reading “OFAC’s Recent Clarification on Counter Terrorism Sanctions”

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”

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KENNEDY LAW IMMIGRATION ENGLISH BLOG

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.