New guidance from the Obama administration offers reassurance to foreign banks which have been skittish about doing U.S. dollar transactions with Iran, lawyers and former sanctions officials said on … [Read more...]
The US, the new Myanmar and the dragon in the background
Myanmar’s democratic transition and the consequent dynamics between Naypyidaw and Washington have commanded strategic priority for America’s Asia policy. China’s long years of influence in Myanmar and the … [Read more...]
OFAC Adjusts Maximum Penalty Amounts for Inflation
Following in the steps of the Commerce and State Departments, among other federal agencies, the Office of Foreign Assets Control has announced inflation-based adjustments to its maximum civil monetary penalty … [Read more...]
Not Funny: How The OFAC Is Outlawing Even The Lamest Attempts At Humor Over Terrorist Fears
It's only been a couple months since we discussed some of the problems stemming from the US Treasury Department's terrorism scary names of brown people list, namely that non-scary people with names similar or … [Read more...]