On June 1, 2023, the US Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) added four (4) entities to the Specialty Designated Nationals (“SDN”) List under Executive Order 14098 (“EO 14098”) and issued four general licenses (“GLs”) authorizing certain transactions involving Sudan. For more information on EO 14098, see our previous blog post available here. We summarize the four GLs below that authorize certain activities and transactions involving SDNs designated under EO 14098.…
On December 14, 2020, the US Government announced Sudan’s removal from the list of State Sponsors of Terrorism (the “SST List”). This rescission of Sudan as an SST follows an agreement in October for Sudan to be removed from the list and the lapse of a 45 day congressional notification period. The federal register notice regarding the rescission is available here. As detailed in our previous blog post here, the US Government revoked Sudan sanctions in October 2017,…
On October 6, 2017, the US Government announced that it will revoke certain sanctions with respect to Sudan and the Government of Sudan, effective October 12, 2017. As a result of the revocation, US Persons will no longer be prohibited from engaging in Sudan-related transactions that were previously prohibited under the Sudanese Sanctions Regulations (“SSR”), including dealings with the Government of Sudan, and the SSR will be removed from the US Code of Federal Regulations.
On July 11, 2017, President Trump signed an Executive Order allowing additional time to consider actions by the Government of Sudan before lifting US sanctions on Sudan (“July Executive Order”).