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Last week's major developments in sanctions - May 8th to May 12th, 2023

Monday, May 8

  • There was no major development on this date.

Tuesday, May 9

Wednesday, May 10

  • There was no major development on this date.

Thursday, May 11

  • The U.S. Department of Justice seized 13 domains that were used by Hezbollah and its Affiliates. (Press release) This is an interesting case since the U.S. government seized the domains. The affidavit attached to the press release includes useful information in case you have time to read through it.

Friday, May 12

  • OFSI published a "Travel Guidance." It provides detail of how OFSI considers the reasonable use of funds and economic resources and a framework for what OFSI considers to be reasonable. (Here)

  • Following the completion of the acquisition of Škoda JS from Russian heavy industry and manufacturing conglomerate OMZ by Czech utility and nuclear operator ČEZ, OFAC removed Škoda JS from its SSI list. (Here)

The Recommendation of the Week

  • If you are interested in working in sanctions in Washington D.C. and have experience in this field, there is a great job opportunity. Check it out here.

تعليقات


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