New US sanctions on Russia

Yesterday the US extended its sanctions on Russia, for 2020 election interference, cyberattacks (the “SolarWinds” hacking attack), and other “Russian malfeasance”. The White House Fact Sheet and Treasury Press Release say the new Executive Order (“Blocking...

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E3 issue statement on Iran’s intention to increase uranium enrichment

The E3 (France, Germany and the UK) have published a statement in response to the announcement of Iran’s Deputy Foreign Minister, Abbas Araghchi, that Iran will increase its levels of uranium enrichment to 60% using advanced centrifuges. The nuclear deal provides for...

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OFAC amends TSRA & publishes FAQs on Sudan exports

OFAC has published an amended version of the Trade Sanctions Reform and Export Enhancement Act of 2000 (TSRA), and 4 FAQs relating to the TSRA and the Sudan and Darfur sanctions regime. The FAQs provide guidance on submitting licence applications pursuant to the TRSA,...

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