OFAC amends North Korea Sanctions Regulations
On 9th April 2020, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) amended the North Korea Sanctions...
US State Department gives update on operational status
The U.S. Department of State’s Directorate of Defense Trade Controls (DDTC) has published an update on its status of operations. The DDTC...
BIS extends comment period for public input on Huawei’s TGL extensions
On 25th March 2020, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) announced that it will extend the public...
OFAC issues extended Ukraine-related General Licenses
On 20th March 2020, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) extended the expiration date of two...
Canada passes US-Mexico-Canada agreement
On 13th March 2020, the United States-Mexico-Canada Agreement (USMCA) was passed by Canadian Parliament. Canada was the final country to...
BIS extends Huawei’s temporary general license
On 12th March 2020, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) extended the temporary general license to...
OFAC issues Venezuela-related GLs and FAQs
On 12th March 2020, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued three amended General Licenses...
OFAC issues new FAQ about providing sanctioned humanitarian aid to Iran in response to the COVID-19
On 6th March 2020, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued a new Frequently Asked Question...
Export regulations on firearms and ammunition amended by the U.S. Departments of State and Commerce
The U.S. Department of State’s Directorate of Defense Trade Controls (DDTC) and the Department of Commerce’s Bureau of Industry and...
OFAC issues Central Bank of Iran-related general license and FAQs simultaneously with formalization
On 27th February 2020, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued General License No. 8...
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