OFAC has issued new regulations (at 31 C.F.R. Part 554) implementing the President’s Executive Order 13712, of 22 November 2015, imposing sanctions against Burundi. The sanctions consist of measures blocking property and interests in property of persons listed in or designated pursuant to Executive Order 13712, published in the Federal Register and incorporated into OFAC’s Specially Designated Nationals and Blocked … Continue Reading
BIS is amending the EAR to reflect changes to the MTCR Annex that were agreed to by MTCR member countries in 2015. The final rule, published in the Federal Register on 4 April 2016, makes conforming changes to correlate the Commerce Control List (CCL) and other EAR provisions with the current MTCR Annex. This includes revisions to six … Continue Reading
Montenegro and Albania both aligned themselves with the Decisions of the Council to extend the sanctions in place in response to the “illegal annexation of Crimea and Sevastopol” and in respect of the situation in Ukraine. EFTA countries, Iceland, Liechtenstein and Norway, have followed suit and extended their own sanctions regimes to match the extended … Continue Reading
