Russia, Iran, North Korea and Venezuela

Sanctions update

BETTY SANTANGELO, GARY STEIN, SEETHA RAMACHANDRAN, PETER H. WHITE, JENNIFER M. OPHEIM and NICOLE GEOGLIS, SCHULTE ROTH & ZABEL

On Aug. 2, 2017, President Trump signed into law the Countering America’s Adversaries Through Sanctions Act (the “Act”), after it was passed by overwhelming majorities in the House and Senate.1 While media coverage of the legislation has focused on its provisions tying the hands of the current administration when it comes to lifting Russia-related sanctions, the Act also authorizes, and in many instances directs, the President to impose additional...

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