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Inessa Owens

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The US Treasury Department and the US State Department have announced two new rounds of sanctions against Syria, including the first designations under the recently-enacted Caesar Syria Civilian Protection Act (“Caesar Act”). The first round, announced on June 17, 2020, resulted in the addition of 39 individuals and entities to the List of Specially Designated Nationals and Blocked Persons (“SDN List”) maintained by the US Treasury Department’s Office of Foreign Assets Control (“OFAC”) pursuant Caesar…

With the re-imposition of the second set of United States (US) sanctions against Iran looming in November 2018, companies in the United Arab Emirates (UAE) are very concerned about unwittingly breaching the US sanctions regime and incurring penalties for doing business with Iran. This is according to a survey of participants conducted at seminars in Abu Dhabi and Dubai hosted by global law firm Baker McKenzie in October 2018.