On July 2, 2025, The U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) announced a settlement agreement for $608,825 with Key Holdings, Inc. (“Key Holdings”), a Delaware-based global logistics company. The settlement resolves potential...
On July 15, 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) announced a settlement agreement with Interactive Brokers LLC (“Interactive Brokers”) violations of multiple U.S. sanctions programs. OFAC identified 12,367 apparent...
President Trump continued his flurry of sanctions actions with the recent revocation of the Syrian sanctions program. On June 30, 2025, President Donald Trump issued Executive Order (“EO”) 14312 “Providing for the Revocation of Syria Sanctions” marking a significant...
On June 16, 2025, the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”) entered into a settlement agreement with Unicat Catalyst Technologies, LLC (“Unicat”), for violations of both the Iranian Transactions and Sanctions Regulations (“ITSR”) and...
In the first part of this series—available here—I provided a background on the changes and underlying motivations of President Trumps actions regarding sanctions and export controls during his first 100 days in office. This second part will provide further information...
With the first 100 days of the Trump Administration in the books, it’s abundantly clear that trade compliance—whether involving economic sanctions, export controls, or tariffs—will remain a cornerstone of the country’s foreign policy strategy. As such, sanctions...