WebOn October 7, 2016 President Obama signed an Executive Order terminating the national emergency with respect to Burma, revoking the Burma sanctions Executive Orders, and waiving other statutory blocking and financial sanctions on Burma. Since then however, the Office of Foreign Assets Control (OFAC) has sanctioned four Burmese military and ... WebOct 11, 2016 · The President’s October 7, 2016, Executive Order effectively terminates the long-standing OFAC sanctions regime affecting Burma. Practically speaking, only a narrow set of executive branch sanctions remained in effect prior to last week’s Executive Order: the Burmese SDN listings pursuant to the BSR and corresponding property blocking ...
Myanmar Sanctions and Export Controls - Arnold & Porter
WebNov 9, 2024 · On October 6, 2024, the United States Treasury Department designated three Myanmar individuals and their company as targets of sanctions under Executive Order 14014 1 (E.O. 14014). 2 3 These are … WebApr 11, 2024 · OFAC and BIS have imposed $3.3 million in civil penalties against Microsoft Corporation for alleged and apparent violations of US export controls and sanctions. Press Release, OFAC Enforcement Release, BIS Order, Settlement Agreement and Proposed Charing Letter. OFAC On behalf of itself and its subsidiaries Microsoft Ireland Operations … maverick boat company ft pierce
Anti-narcotics designation removals / Anti-Terrorism designations ...
WebMay 28, 2024 · The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing the Burma Sanctions Regulations to implement Executive Order 14014 of February 10, 2024, “Blocking Property With Respect to the Situation in Burma.” These regulations are currently available for public inspection with the Federal Register and will … WebApr 13, 2024 · According to OFAC, the entities operate in Russia’s financial sector and thus have the potential to “serve as a mechanism for corruption and illicit finance” for the government of Russia. In total, the actions taken by OFAC, in coordination with sanctions imposed by the State Department, targeted more than 120 individuals and entities. WebJun 16, 2008 · The following changes have been made to OFAC's SDN list: AIR BAGAN HOLDINGS PTE. LTD. (a.k.a. AIR BAGAN), 414 Bogyoke Road, Kaw Thaung, Burma; 244 Bet, Duwa Za Junn & Bayin Naung St., Third Quarter, Myitkyina, Burma; Myeik Golf Club, Pearl Mon Hotel, Airport Junction, Myeik, Burma; 156 Bogyoke Aung San Road, Aung … maverick boat company