Archive for the Latin America Category

Breakfast with Ambassadors

Breakfast with Ambassadors

Lupicinio International Law Firm is proud to have organized and hosted the “Breakfast with Ambassadors” event in collaboration with “Women in a Legal World” at its offices in Madrid last Thursday. We were very fortunate to hear from Elizabeth Adjei (Ghana), Koula Sophianou (Cyprus), Julie-Ann Guivarra (Australia),

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Latin America

Latin America is the land of opportunity, but also of diversity. Most of the countries in this region are enjoying strong growth through international investment and aim to expand their borders even more. Nevertheless, doing business successfully in these economies requires caution and a focus on limiting

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NEWSLETTER: ANNEX TO NICARAGUA SANCTIONS

NEWSLETTER: ANNEX TO NICARAGUA SANCTIONS

As a follow-up to the newsletter issued on 23rd September 2019, the following developments have arisen, this time in the seat of sanctions imposed by the U.S.: On November 7th 2019, OFAC updated the List of Specially Designated Nationals (SDN List), including the following individuals: Three officials

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Venezuela sanctions update

Venezuela sanctions update

REPORT ON THE UPDATING OF SANCTIONS AGAINST VENEZUELA With regard to sanctions against Venezuela, the following novelties have occurred: 1. The Office of Foreign Assets Control (OFAC) has issued General License 9F, dated September 30th 2019, which authorizes operations in the following areas: a) Except as provided

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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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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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