Today the Treasury Department sanctioned over 700 individuals, entities, aircraft and vessels in connection with the United States withdrawal from the Joint Comprehensive Plan of Action that eased many sanctions on the Iranian regime. Additionally, on November 5, 2018 OFAC moved nearly 250 persons previously sanctioned solely pursuant to E.O. 13599 to the SDN list and eliminated the E.O. 13599 sanctioned list. As always, it is essential to vet all parties involved in an export transaction against the SDN, Denied Persons, Entity, Unverified, SSI, CAATSA, and Non-proliferation lists. Wilmarth & Associates hosts and maintains an up-to-date, consolidated Restricted Parties Manual on our website, available by subscription.
This Blog is made available by Wilmarth & Associates for educational purposes as well as to give you general information and a general understanding of export law and compliance, not to provide specific legal advice. This blog is not legal advice and should not be treated as such. You must not rely on this blog as an alternative to legal advice from your attorney or other professional legal services provider. The information provided on this website is presented “as is” without any representations or warranties, express or implied.