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Monday, June 29 OFAC launched a new online Reconsideration Portal for the submission of requests to be removed from an OFAC sanctions list. OFAC announced that this portal is intended to streamline the petitions process by guiding submitters to provide necessary information upfront, rather than through a series of questionnaire/answer exchanges that can delay efficient adjudication of a delisting petition. Listed persons can also request certain unclassified, non-privileged i
Monday, June 22 In the wake of Iran-USA MoU, OFAC issued GL X, authorizing all transactions prohibited by the several Iran and Iran-related authorities that are ordinarily incident and necessary to the production, sale, delivery, or offloading of crude oil, petrochemical products, or petroleum products of Iranian origin, including transactions involving vessels blocked under the names authorities, through 12:01 a.m. eastern daylight time, August 21, 2026. (Here) OFAC imposed
You can now listen to the audio version of our weekly sanctions updates here. Monday, June 15 The EU Council adopted a comprehensive sanctions package consisting of 34 individuals and 47 entities in response to Russia's war of aggression against Ukraine, hybrid threats, and systematic human rights violations. The measures target Russia's military-industrial complex, its shadow fleet ecosystem used to circumvent energy sanctions, state propaganda networks, and those responsibl
You can now listen to the audio version of our weekly sanctions updates here. Monday, June 8 OFSIpublished FAQ 187 on whether and how post sanctions mandatory corporate actions (like stock splits) impact the issue date of a transferable security.(Here) The EU Council adopted Council Decision (CFSP) 2026/1226 imposing asset freezing sanctions against two individuals and one entity threatening freedom of navigation in the Middle East. Specifically, the EU designated the Hormoz
You can now listen to the audio version of our weekly sanctions updates here. Monday, June 1 Over the weekend on May 31, 2026, France imposed asset-freezing sanctions against one individual under France's autonomous counter-terrorims sanctions regime. (Here) FTI Consulting, a Washington D.C.-based global advisory firm, settled with OFAC for $1,050,000 for apparent violations of the Ukraine-/Russia-Related Sanctions Regulations (URSR) under Directive 1 of E.O. 13662. The appar
