All Lightning, No China | EMBARGOED! Episode 14

September 15, 2020

On this episode of EMBARGOED!, Brian and Tim keep their promise to stay China free (for this week, at least) and change things up to bring you an entire Lightning Round-style episode. With the whole world at our disposal (other than China), we cover the following topics in lightning fashion: the latest U.S. advisory on North Korea, the first U.S. sanctions imposed on the ICC, OFAC's MOU with the State of Delaware, two recent OFAC enforcement actions against an individual and a financial institution, respectively, the latest on Nord Stream 2 and Venezuela, and, finally, a wild card segment featuring our first foray into sanctions trivia.


Questions? Contact us at podcasts@milchev.com.

EMBARGOED! is not intended and cannot be relied on as legal advice; the content only reflects the thoughts and opinions of its hosts.

EMBARGOED! is intelligent talk about sanctions, export controls, and all things international trade for trade nerds and normal human beings alike, hosted by Miller & Chevalier Members Brian Fleming and Tim O'Toole. Each episode will feature deep thoughts and hot takes about the latest headline-grabbing developments in this area of the law, as well as some below-the-radar items to keep an eye on. Subscribe for new bi-weekly episodes so you don't miss out!


0:10 Introduction and Roadmap

A Full Episode of Lightning Round!
4:49 North Korea Advisory
9:27 International Criminal Court Sanctions
17:13 OFAC Memorandum of Understanding with Delaware
21:18 OFAC Settlement (Individual)
25:26 OFAC Settlement (Russia/Ukraine/Deutsche Bank Trust Co. Americas)
30:00 Nord Stream 2
36:44 Latest Venezuela Sanctions
41:20 Wild Card!

51:55 Final Thoughts

***Stay sanctions free.***