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Understanding the OFAC Sanctions Laws: Requirements for U S Companies | Williams Mullen

Transnational Criminal Organizations      Country-Level and Policy-Level Programs.  Certain of the sanctions programs are focused on individual countries (the “country-level programs”), while others target specific activities on a global basis such as terrorist and non-proliferation sanctions (the “policy-level programs”).  Under a number of the country-level programs (such as Iran, Syria, N. Korea, Cuba and the Crimea region of Ukraine – the “comprehensive sanctions programs”) U.S. persons are prohibited from entering into effectively all business transactions with the targeted country, its government and its nationals, including the export and import of products, technologies and services, payments and investments, subject to exceptions described below.[5]  For other country-level programs, such as Russia, Ukraine and Venezuela, certain business activities within the country are prohibited but others are permitted (the “partial sanctions programs”).  For

Ransomware As Reminder: Back To Basics Of Cyber Readiness - Technology

To print this article, all you need is to be registered or login on Mondaq.com. Despite the unique threats posed by ransomware, basic cybersecurity measures and a strong cyber risk reduction strategy remain the most valuable tools to prevent an attack and shape a strong response if (or when) one happens. Here s five tips to get started. The growing threat from ransomware is forcing organizations to re-think their cyber risk mitigation strategy. As private organizations and governments look ahead to 2021 and the risks they face in an increasingly uncertain world, ransomware will no doubt rank high on any list. Ransomware attacks involve the use of

What US sanctions can do to generals

What US sanctions can do to generals December 16, 2020 Written by ROBERT SPIN MUKASA US lawmakers have focused their recent anger against Uganda and the ruling NRM government’s use of force to slow the march of the coronavirus and in the process restrict freedom of association and expression during the electoral period. They have written to US Secretary of State Mike R. Pompeo urging the US administration to conjure up a more muscular response to human rights abuses in Uganda and the country’s slide toward authoritarianism. In an apparent response to that plea, Mike R. Pompeo in a recent tweet, said Uganda was a long-standing partner and Washington expected its partners to hold free and fair elections.

US government sanctions Turkey over S-400 buy

US government sanctions Turkey over S-400 buy 15 December 2020 by Charles Forrester The US government announced the imposition of sanctions on Turkey’s defence acquisition organisation on 14 December under the Countering America’s Adversaries Through Sanctions Act (CAATSA) over the Turkish acquisition of Russian S-400 (SA-21 ‘Growler’) air-defence system. Under the sanctions, Washington is targeting Turkey’s defence procurement organisation: the Presidency of Defence Industries (SSB). Blocking sanctions and visa restrictions through the Department of the Treasury’s Specially Designated Nationals and Blocked Persons (SDN) List were also announced against the SSB’s president: Ismail Demir. Senior SSB personnel including SSB vice-president Faruk Yigit, the head of the SSB’s air-defence and space department Serhat Gencoglu, and programme manager for the SSB’s regional air-defence systems directorate Mustafa Alper Deniz were also added to the SDN list. Through the SD

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