OFAC updates its Frequently Asked Questions and SDN list
On 13th December 2019, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) added three new Frequently Asked...
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U.S. House of Representatives approves sanctions against Nord Stream 2 and other gas pipeline projec
The U.S. House of Representatives has approved House Report H. Rept. 116-333 which is related to the National Defense Authorization Act...
PST.AG attended BAFA’s Export Control Information Day in Frankfurt am Main
On 11 December 2019 Germany’s ‘Bundesamt für Wirtschaft und Ausfuhrkontrolle’ (BAFA) hosted the ‘11. Informationstag Exportkontrolle’...
OFAC publishes two new Frequently Asked Questions on Iran sanctions
On 11 December 2019 the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on its website answered two new...
US-Mexico-Canada Agreement is amended and is getting closer to ratification
On 10 December 2019, the governments of the United States, Mexico and Canada signed a Protocol which amends the United...
INSTEX joined by Belgium, Denmark, Finland, the Netherlands, Norway and Sweden
On 29th November 2019, a joint statement was released by Belgium, Denmark, Finland, the Netherlands, Norway and Sweden indicating their...
U.S. signs “Hong Kong Human Rights and Democracy Act of 2019” into law, China reacts
On 27th November 2019, U.S. President Trump signed the “Hong Kong Human Rights and Democracy Act of 2019” (S. 1838) into law. This law...
OFAC updates Iran-related Frequently Asked Questions
On 27 November 2019 the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) amended two previously existing...
AeroVironment, Inc. settles with U.S. State Department for AECA and ITAR violations
On 20 November 2019 the U.S. Department of State announced that it has settled with AeroVironment, Inc. of Simi Valley, California. This...
OFAC amends the Venezuela Sanctions Regulations
On 21 November 2019 the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced it will amend the Venezuela...
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