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Litigation, Gavel and Scales of Justice

Jul 11, 2018

Sanctions Round Up: Second Quarter 2018

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This quarter, companies around the globe prepared to exit Iran-related business in the wake of U.S. sanctions snap-back.  Meanwhile, OFAC provided a path to relief to designated Russian entities, extending several deadlines to allow for the continued divestment by their oligarch owners.  The U.S. took no new sanctions actions against North Korea as the two countries entered highly anticipated negotations surrounding denuclearization.  Finally, in its first enforcement action of the year, OFAC stressed the importance of empowering compliance personnel to prevent prohibited transactions.

 View full memo, Sanctions Round Up: Second Quarter 2018

Authors and Contributors

Philip Urofsky

Partner

Litigation

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+1 202 508 8060

Washington DC

Danforth Newcomb

Of Counsel

Litigation

+1 212 848 4184

+1 212 848 4184

New York

Stephen Fishbein

Partner

Litigation

+1 212 848 4424

+1 212 848 4424

New York

Brian G. Burke

Partner

Litigation

+1 212 848 7140

+1 212 848 7140

New York

Christopher L. LaVigne

Partner

Litigation

+1 212 848 4432

+1 212 848 4432

New York

Barnabas Reynolds

Partner

Financial Institutions Advisory & Financial Regulatory

+44 20 7655 5528

+44 20 7655 5528

London

Mark D. Lanpher

Partner

Litigation

+1 202 508 8120

+1 202 508 8120

Washington DC

Susanna Charlwood

Partner

Litigation

+44 20 7655 5907

+44 20 7655 5907

London