Monday, March 18
There was no major update on this day.
Tuesday, March 19
There was no major update on this day.
Wednesday, March 20
OFAC imposed blocking sanctions against five individuals and ten entities under its Iran sanctions program for supporting Iran’s ballistic missile, nuclear, and defense programs. (Here, the Department of Treasury press release, Department of State press release)
OFAC also imposed blocking sanctions against two individuals and two entities under its Russia sanctions program for supporting the media influence campaigns of the Russian government. (Here, Department of Treasury press release, Department of State press release)
Thursday, March 21
BIS published a major final rule that cleans up several provisions of the Export Administration Regulations and adds new restrictions. Notably, the new rule imposes license requirements for export, re-export, or in-country transfers of items subject to EAR to SDNs designated under 11 sanctions programs administered by OFAC. The 11 authorities are either related to Russia sanctions or counter-narcotics sanctions. (Note that SDN designated under counter-terrorism and NPWMD programs were already subject to this BIS restriction.) (Final Rule)
OFAC imposed blocking sanctions against Nicaragua’s Attorney General for her role in supporting the oppression of peaceful opposition members in Nicaragua. (Here, Department of Treasury press release, Department of State press release)
Friday, March 22
The EU Council imposed asset-freezing sanctions against 33 persons and two entities linked to the sudden death of Alexei Navalny. (Decision, press release)
OFAC imposed blocking sanctions against 15 Sinaloa Cartel members and six entities under its counter-narcotics sanctions program. (Here, Department of Treasury press release)
Recommendation for the week
This week was very quiet compared to the past 109 weeks since Russia attacked Ukraine for the second time. To compensate, here are two great recommendations:
Check out this D.C. Cricut's decision about primary and derivative sanctions and the fact that OFAC can impose both of them at the same time: LinkedIn post of Jeremy P. Paner
Check out this report about the import of Russian titanium to some G7 countries: Two years after start of Ukraine war, Russian titanium keeps flowing to West (yahoo.com)