President Biden Revokes Executive Order Imposing Sanctions Against ICC

CW
Cadwalader, Wickersham & Taft LLP
Contributor
Cadwalader, established in 1792, serves a diverse client base, including many of the world's leading financial institutions, funds and corporations. With offices in the United States and Europe, Cadwalader offers legal representation in antitrust, banking, corporate finance, corporate governance, executive compensation, financial restructuring, intellectual property, litigation, mergers and acquisitions, private equity, private wealth, real estate, regulation, securitization, structured finance, tax and white collar defense.
President Joseph R. Biden revoked a June 11, 2020 Executive Order that declared a national emergency and imposed sanctions against persons associated with the International Criminal Court.
United States International Law
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President Joseph R. Biden revoked a June 11, 2020 Executive Order 13928 ("Blocking Property of Certain Persons Associated with the International Criminal Court") that declared a national emergency and imposed sanctions against persons associated with the International Criminal Court ("ICC").

In the new Executive Order, President Biden terminated the national emergency and asserted that sanctions "are not an effective or appropriate strategy for addressing the United States' concerns with the ICC."

As a result, OFAC lifted sanctions against two ICC officials and removed the officials from the Specially Designated Nationals and Blocked Persons List (or "SDN List").

Primary Sources

  1. Whitehouse.gov: Executive Order on the Termination of Emergency with Respect to the International Criminal Court
  2. OFAC Recent Actions: Termination of Emergency with Respect to the International Criminal Court

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President Biden Revokes Executive Order Imposing Sanctions Against ICC

United States International Law
Contributor
Cadwalader, established in 1792, serves a diverse client base, including many of the world's leading financial institutions, funds and corporations. With offices in the United States and Europe, Cadwalader offers legal representation in antitrust, banking, corporate finance, corporate governance, executive compensation, financial restructuring, intellectual property, litigation, mergers and acquisitions, private equity, private wealth, real estate, regulation, securitization, structured finance, tax and white collar defense.
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