Archive for the Newsletters Category

The Helms-Burton Law: Uncertainty for investors in Cuba.

The Helms-Burton Law: Uncertainty for investors in Cuba.

After the lifting of the suspension of Title III of the Helms-Burton Act, there is still some caution and uncertainty when it comes to assessing U.S. embargo claims against Cuba. There is still a long way to go to establish parameters that are consolidated and accepted by

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New U.S. sanctions in China

New U.S. sanctions in China

The US government has decided to blacklist China’s 28 “top Artificial Intelligence startups” (20 Chinese public security offices as well as 8 technology and video surveillance companies). As a consequence, it is impossible for China to do business with the US without the prior consent of the

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New Sanctions on Russia

New Sanctions on Russia

“The United States Treasury Department has imposed new sanctions on the Russian army for an alleged scheme carried out by the company Sovfracht in order to provide fuel to its armed forces in Syria in support of the Assad government. The plot was discovered by OFAC along

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Commitment to diversity

Commitment to diversity

LUPICINIO INTERNATIONAL JOINS COMMITMENT TO DIVERSITY The firm signs the Manifesto for Equality on the Boards of Directors and Executive Committees of the association “Women in a Legal World” Madrid, October 1, 2019 – Lupicinio International Law Firm, a multidisciplinary boutique, has signed the “Manifesto for Equality

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Dubai Foreign Investment

Dubai Foreign Investment

A new virtual license for companies will enable investors  to carry out business in Dubai without the need for a residence permit On Tuesday 1st October 2019, the Deputy Governor of Dubai, Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum, announced the launch of the first “virtual

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International Sanctions: New Developments August-September 2019

International Sanctions: New Developments August-September 2019

In this newsletter, we summarize and analyze the latest updates on the imposition of international sanctions by the United States and the European Union. It covers the latest developments in Cuba, Ukraine, Venezuela, Iran and Nicaragua, as well as sanctions on anti-terrorism. We also provide recommendations for companies when

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Russia Sanctions

Russia Sanctions

SANCTIONS IMPOSED ON RUSSIA BY THE UNITED STATES. U.S. Government sanctions against Russia are imposed through various Executive Orders, issued directly by the President of the United States, and Laws. These regulations establish restrictions on certain economic transactions and on certain persons expressly listed, as well as

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Anti-terrorist Sanctions

OFAC announces anti-terrorist sanctions On 10th September, the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) announced the imposition of sanctions on 15 leaders, individuals, and entities affiliated with terrorist groups in accordance with the new Executive Order (E.O.) 13886, entitled “Modernizing Sanctions to Combat Terrorism,”

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Nicaragua Sanctions

Nicaragua Sanctions

OFAC issues regulations for the implementation of sanctions in Nicaragua On 5th September, OFAC issued a regulation to implement Executive Order (EO) 13851 related to the situation in Nicaragua, signed on 27th November 2018. The EO blocks the property of persons who served as officials to the

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Venezuela Sanctions

Venezuela Sanctions

Additional Sanctions to the Government of Venezuela On 5th August 2019, President Trump signed a new Executive Order (EO) related to Venezuela, which imposes additional sanctions on the country’s government. Section 1 of the Executive Order imposes “blocking sanctions” on the Venezuelan government. This translates into a

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