April 21, 2021 President Yoweri Museveni inspecting an army parade
The USA threatened action against human rights abuses in Uganda for months in 2020 and last Friday an official travel ban was announced against unnamed high-profile government officials shining critical light on an increasingly important question: How damaging are the existential consequences for such banishment for the country and certainly the sanctioned individuals?
Though no names were mentioned, at least we have an inkling of who must be on the travel blacklist. When Congressmen began pushing the outgone Donald Trump administration last October for a more muscular response to what they described as “human rights abuses in Uganda and the country’s slide toward authoritarianism, the lead campaigners brandished a list of errant Ugandan officers that should be sanctioned.
US sanctions 2 State-owned Myanmar businesses aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.
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On April 15, 2021, the Biden Administration imposed new sanctions on Russia in response to: (1) its efforts to interfere in U.S. and other countries’ elections; (2) the Solar Winds hacks; and (3) Russia’s continued occupation of the Crimea region of Ukraine. These new sanctions include broad authority under a newly issued Executive Order to impose sanctions across any sector of the Russian economy, including asset freezes, additional targeted designations, and visa restrictions (the “new Executive Order” or “EO”).
The Administration concurrently issued a new Directive that prohibits U.S. financial institutions from trading in both certain non-ruble and ruble-denominated Russian sovereign debt on primary markets. The new sanctions expand existing restrictions on trading in Russian non-ruble-denominated debt by U.S. banks. Finally, the Office of Foreign Assets Control (“OFAC”) at the United States Department
On April 19, the Department of Treasury, Office of Foreign Assets Control (“OFAC”) issued
Belarus General License 2H (“GL2H”) in advance of the expiration of existing license 2G, which had been set to expire on April 26 at 12:01 a.m. eastern daylight time. In a change from previous versions of General license 2, GL2H is not a normal extension of authorization to conduct business with the list of sanctioned Belarus state-owned entities. Instead, GL2H is a 45-day wind-down license to permit the orderly termination of existing transactions by 12:01 a.m. on June 3, 2021 but does
not permit the initiation of completely new business with these entities before the deadline.
Are Nonfungible Tokens Subject to US Anti-Money Laundering Requirements? | Skadden, Arps, Slate, Meagher & Flom LLP jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.