On June 21, 2021, the US Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) issued Belarus General License 3 (“GL 3”) authorizing certain transactions with the newly designated State Security Committee of the Republic of Belarus (“Belarusian KGB”) along with related FAQs (FAQ 912 and FAQ 913). In addition to the Belarusian KGB, OFAC designated 16 new parties to the Specially Designated Nationals and Blocked Persons List (“SDN List”) pursuant to Executive Order…
On May 28, 2021, the Biden Administration issued a press release (“Press Release”) confirming the re-imposition of sanctions on certain Belarusian state-owned enterprises (“SOEs”) (presaged by the issuance of wind down Belarus General License 2H on April 19, 2021) and suspending the application of the 2019 US-Belarus Air Services Agreement (“2019 USB Agreement”) in response to the Belarusian government’s apparent forced diversion of a commercial flight to Minsk on May 23. The Press Release also…
On April 28, 2021, the US Treasury Department’s Office of Foreign Assets Control (“OFAC”) issued a final rule amending and reissuing the Somalia Sanctions Regulations, 31 C.F.R. Part 551 (“Regulations”) to further implement two existing Executive Orders, Executive Order 13536 of April 2010 and Executive Order 13620 of July 2012, and to replace the prior Somalia Sanctions Regulations that were published in May 2010 in abbreviated form. The Regulations also add a number of definitions…
On April 9, 2021, the US Commerce Department’s Bureau of Industry and Security (“BIS”) strengthened restrictions targeting Burma by adding Burma to the list of countries subject to the Export Administration Regulations’ (“EAR’s”) military-intelligence end-use and end-user controls and controls on certain support activities by US persons (“Interim Final Rule”). These controls were first issued on January 15, 2021 (“January Rule”), and became effective March 16, 2021. Our blog posts on other recent sanctions targeting…