The Office of Foreign Assets Control has “frozen” the granting of licenses for aircraft exports to Iran for about the last year, and likely won’t issue such licenses for the foreseeable future, Boeing global trade controls chief counsel Frederick Shaheen said during a Practising Law Institute export controls conference Dec. 15. Boeing has had licenses pending approval with OFAC as it has publicly announced agreements with Iranian airlines to export aircraft, Shaheen said, including deals with Iran Aseman Airlines (see 1704100063) and Iran Air (see 1612190043). “It’s a different time politically; everything is frozen,” he said. “Until there’s some definition on what this [Trump] administration wants to do going forward, I don’t think anybody’s going to be getting licenses.”
The Office of Foreign Assets Control has added two individuals to its Specially Designated Nationals (SDN) list, under Central African Republic designations, OFAC said.
Sandler Travis hired Jenna Glass as an adviser on export controls and sanctions in its San Francisco office, the law firm said in a news release. Glass, who “will handle Export Administration Regulations, International Traffic in Arms Regulations, and Office of Foreign Assets Control sanctions matters,” was previously “a global trade compliance manager for a leading U.S. technology company,” Sandler Travis said.
The Office of Foreign Assets Control has added one individual to its Specially Designated Nationals (SDN) list, under counterterrorism designations, OFAC said.
The Office of Foreign Assets Control has added four individuals to its Specially Designated Nationals (SDN) list, under Kingpin Act designations, OFAC said.
The Office of Foreign Assets Control has added two individuals and one entity to its Specially Designated Nationals (SDN) list, under Kingpin Act designations, OFAC said.
The Office of Foreign Assets Control issued a finding of violation to Fairhaven, Massachusetts-based Dominica Maritime Registry for illicitly dealing in the property or interests of property of the National Iranian Tanker Company, part of the government of Iran whose property and interests in property are blocked, OFAC said. Dominica violated the Iranian Transactions and Sanctions Regulations by executing a binding memorandum of understanding on July 4, 2015, with the Iranian company, “which OFAC determined was a contingent contract and therefore property in which NITC, a blocked person, had an interest,” OFAC said.
The Office of Foreign Assets Control has added one individual, 13 entities and 20 vessels to its Specially Designated Nationals (SDN) list, under North Korea designations, OFAC said Nov. 21. The agency also deleted one individual from its specially designated global terrorist designations.
The Office of Foreign Assets Control has added two individuals and four entities to its Specially Designated Nationals (SDN) list, under counterterrorism designations, OFAC said.
The Office of Foreign Assets Control has added nine individuals and updated one existing individual on its Specially Designated Nationals (SDN) list, under Venezuela designations, OFAC said.