|
|
Article: Developments In Economic Sanctions And Export Controls In 2008 And What's Ahead In 2009.
- Article from:
- Mondaq Business Briefing
- Article date:
- March 4, 2009
CopyrightCOPYRIGHT 2009 Mondaq Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
The primary export controls and economic sanctions imposed by the United States Government are under the authority of the Treasury Department, Commerce Department, and State Department. The Treasury Department's Office of Foreign Assets Control ("OFAC") administers and enforces a number of economic sanctions programs, using the blocking of assets and trade restrictions to accomplish U.S. foreign policy and national security goals. The Commerce Department's Bureau of Industry and Security ("BIS") regulates the export and reexport of most commercial items under the Export Administration Regulations ("EAR"). The State Department's Directorate of Defense Trade Controls ...
Related newspaper, magazine, and journal articles:
|
|
Article: OFAC gets tough: recent cases involving penalties against ...
Risk & Insurance;
March 1, 2009 ;
700+ words
... ... both Aetna and CNA incurred OFAC penalties, the latter paying ... reinsurance." Moreover, OFAC's Web site admonishes insurers ... better understanding of the economic sanctions and embargo programs," and ... compliance guidance. In 2006, OFAC appointed a senior sanctions ...
|
|