The Office of Foreign Assets Control this week updated a recently issued Venezuela-related general license to add an oil company to the list of entities that are authorized to carry out certain ...

The Office of Foreign Assets Control last week updated several general licenses related to the Yemen-based Houthis, also known as Ansarallah, the group designated by the Trump administration as a ...

Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional ...

The Office of Foreign Assets Control soon will issue guidance about winding down Venezuela-related licenses after President Donald Trump said last week that he plans to reverse certain sanctions ...

Although the Office of Foreign Assets Control is moving quickly to issue Venezuela-related general licenses, it’s still unclear how soon oil firms will be persuaded to take advantage of those waivers, ...

The Office of Foreign Assets Control published two new FAQs this week to clarify what type of fees to the Venezuelan government are authorized under some of its recently issued Venezuela-related ...

The U.S. seems “more likely” to continue imposing traditional financial sanctions against people and entities doing business with Iran as opposed to the secondary tariffs threatened by President ...

online platform will receive answers about specific OFAC licenses and interpretive guidance via email or by phone. Before submitting questions, OFAC said, users are encouraged to review existing ...

The Census Bureau updated its port of export code in the Automated Export System for Port Angeles in Washington to reflect the fact that it's now accepting "road" as a mode of transportation, it said ...

Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional ...

Export control enforcement is poised for a “dramatic increase” under the Trump administration, with senior Commerce Department officials signaling that tougher penalties and more cases will be a ...

Qatar has signed the Pax Silica Declaration, an initiative led by the U.S. alongside Japan, South Korea, Singapore, the Netherlands, the U.K., Israel, the United Arab Emirates and Australia to ...