Sanctions Round Up: First Quarter 2019

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Shearman & Sterling LLP

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In this quarter, OFAC lifted sanctions on Rusal and other companies following divestment by Oleg Deripaska. Meanwhile, as Venezuela descends into economic and political crisis, the US targeted PdVSA and others to hasten regime change.
United States International Law
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In this quarter, OFAC lifted sanctions on Rusal and other companies following divestment by Oleg Deripaska. Meanwhile, as Venezuela descends into economic and political crisis, the US targeted PdVSA and others to hasten regime change. Also this quarter, the Trump Administration continued to increase pressure on Iran through the termination of the waiver program for importers of Iranian oil. Finally, OFAC announced a number of notable enforcement actions.

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Sanctions Round Up: First Quarter 2019

United States International Law

Contributor

Our success is built on our clients’ success. We have a long and distinguished history of supporting our clients wherever they do business, from major financial centers to emerging and growth markets. We represent many of the world’s leading corporations and major financial institutions, as well as emerging growth companies, governments and state-owned enterprises, often working on ground-breaking, precedent-setting matters. With a deep understanding of our clients' businesses and the industries they operate in, our work is driven by their need for outstanding legal and commercial advice.
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