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Financial Services Law Insights and Observations

President Trump Issues Executive Order Extending OFAC Review Period of Sudanese Policies and Actions

Federal Issues Executive Order Sanctions OFAC Treasury Department

Federal Issues

On July 11, President Trump announced an extension to the review period established by Executive Order 13761 (EO). EO 13761, issued by President Barack Obama, provided additional time for OFAC to review the policies and actions of Sudan to allow the opportunity to revoke certain sanctions based on positive findings regarding the Sudanese government’s actions. President Trump’s new EO extends the review period to October 12, 2017. For additional information regarding EO 13761, please see OFAC’s Frequently Asked Questions.

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