Designated by D.C.: How U.S. Sanctions Combat Foreign Corruption

June 16, 2017
By: Saskia Rietbroek, Principal SanctionsAlert.com and Anna Sayre, Legal Content Writer,www.SanctionsAlert.com

The use of sanctions as an international means of effecting change has grown exponentially in recent times. As countries become less and less keen to use military force, the world has turned to sanctions implementation as a means of affecting international change, both politically and socially. (more…)

Trump Sanctions Policies Still Undefined, But Could Affect Many Nations and Compliance Officers – Part 6: Treasury Secretary Steven Mnuchin’s Conciliatory Commitment to the Status Quo, For the Most Part

June 3, 2017
By: Anna Sayre, Legal Content Writer, SanctionsAlert.com

In this series, we present the comments and assertions made by President Donald Trump and his top assistants concerning economic sanctions and export controls so that compliance professionals can make informed decisions as to the likely positions of the new U.S. administration in the next four years. (more…)

Trump Sanctions Policies Still Undefined, But Could Affect Many Nations and Compliance Officers – Part 5: Secretary of State Rex Tillerson’s Business – like Foreign Policy

April 12, 2017
By: Anna Sayre, Legal Content Writer, SanctionsAlert.com

In this series, we present the comments and assertions made by President Donald Trump and his top assistants concerning economic sanctions and export controls so that compliance professionals can make informed decisions as to the likely positions of the new U.S.administration in the next four years. (more…)

Trump Sanctions Policies Still Undefined, But Could Affect Many Nations and Compliance Officers – Part 3: Steven Bannon’s “America First” Agenda Looms As Big Factor

January 31, 2017
By: Anna Sayre, Legal Content Writer, SanctionsAlert.com

In this series, we present the comments and assertions made by President Donald Trump and his top assistants concerning economic sanctions and export controls so compliance professionals can make informed decisions as to the likely positions of the new U.S.administration in the next four years. (more…)

Trump Policies on Economic Sanctions Could Affect Many Countries and U.S. Compliance Officers – Part 2: New Administration Signals New Trade Controls, Sanctions on China

January 17, 2016
By: Anna Sayre, Legal Content Writer

In this second part of the series, we examine Mr.Trump’s comments and stated views on China.

Power of US President ToInfluence Sanctions Policy

The US President has substantial power to enforce, strengthen and waive sanctions with a stroke of a pen. Though sanctions may be authorized by statutes, most sanctions imposed by the Office of Foreign Assets Control (OFAC) arise from the exercise of Presidential national emergency powers through executive orders. The International Emergency Economic Powers Act (IEEPA) grants the President broad authority to respond to “unusual or extraordinary threat[s]” to the national security, foreign policy, or US economy.  The President exercises this authority by officially declaring what he/she believes to be a ‘national emergency’. (more…)