The President issued a new Executive Order which terminates the national emergency which created the program. And the Treasury Department issued the following press release: PRESS RELEASES Termination of Burundi Sanctions Program November 18, 2021 WASHINGTON — Today, President Biden signed an Executive Order (E.O.) terminating the national emergency with […]
It says that Hidri Trust and Red Sea Trading Corporation are not subject to the 50 Percent Rule. How does that happen? Section 2(b) of Executive Order includes the following: No entity shall be blocked pursuant to this order solely because it is owned in whole or in part, directly […]
Friday Sanctions-a-Rama! New Ethiopia E.O., G.L.s, FAQs… and some Iran and counter-terror designations
President Biden issued a new Executive Order “Imposing Sanctions on Certain Persons with Respect to the Humanitarian and Human Rights Crisis in Ethiopia”. It empowers the Treasury Secretary to sanction the following parties: (a) to be responsible for or complicit in, or to have directly or indirectly engaged or attempted […]
Episode 46 of Mr. Watchlist’s DesigNation is out! Third Time’s the Charm is about Executive Order 14032, which greatly improves the Chinese Military Companies sanctions program – but still is not exactly warm and fuzzy… Enjoy!
Issuance of Executive Order Blocking Property and Suspending Entry into the United States of Certain Persons Contributing to the Destabilizing Situation in the Western Balkans Release date06/08/2021Body The President has signed a new Executive Order Blocking Property and Suspending Entry into the United States of Certain Persons Contributing to the […]
The June 3rd Executive Order (E.O.) issued by President Biden essentially replaces E.O. 13959, as amended by E.O. 13974. The Defense Department no longer makes its own designations, although Treasury can consult it (it has to consult State). The new E.O. no longer relies on the definition of “Communist Chinese […]
It’s not where I thought it would be – under the Ukraine/Russia-related sanctions program. They made a new “Russian Harmful Foreign Activities Sanctions” program. It’s a bit of a head-scratcher – why not fold all the “Russia is a bad actor” stuff into one program? Obviously, Mr. Watchlist will now […]
Everything But the Kitchen Sink, the latest episode of Mr. Watchlist’s DesigNation, is all about today’s Executive Order and Treasury’s Directive. A massive E.O., to be sure, but I like how it put everything together in one piece. Hope you like it! Ratings and reviews always appreciated!
PRESS RELEASES Treasury Sanctions Russia with Sweeping New Sanctions Authority April 15, 2021 WASHINGTON — Today, the U.S. Department of the Treasury took multiple sanctions actions under a new Executive Order (E.O.) targeting aggressive and harmful activities by the Government of the Russian Federation. Treasury’s actions include the implementation of […]
Today, after President Biden issued a new Executive Order, Treasury issued the following Directive under it: OFFICE OF FOREIGN ASSETS CONTROL DIRECTIVE 1 UNDER EXECUTIVE ORDER OF APRIL 15, 2021 BLOCKING PROPERTY WITH RESPECT TO SPECIFIED HARMFUL FOREIGN ACTIVITIES OF THE GOVERNMENT OF THE RUSSIAN FEDERATION Pursuant to sections 1(a)(iv), […]