Does General License G Really Allow Academic Exchanges With Iran?

by Erich C. Ferrari With the Persian New Year upon us, it seems the Treasury’s Office of Foreign Assets Control (OFAC), the main US federal agency tasked with the administration of economic sanctions, has gotten into the spirit. Today it… Continue Reading

OFAC’s Summer of Surprises

via LobeLog by Samuel Cutler The Treasury Department’s Office of Foreign Assets Control (OFAC) is primarily known for its role as the agency charged with enforcing Iran sanctions. This summer, however, the agency came out with a series of actions… Continue Reading

Effect of Eased Iran Restrictions May Take Time

by Erich C. Ferrari and Samuel Cutler In a move alluded to earlier this week by Undersecretary of State for Political Affairs Wendy Sherman, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) has released General… Continue Reading