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OFAC Revokes Prior Authorization For Iranian Oil Transactions
The U.S. Treasury's Office of Foreign Assets Control has abruptly revoked General License X, which temporarily permitted transactions involving Iranian petroleum products, replacing it with a narrow 10-day wind-down authorization. Companies and vessel operators must immediately assess their exposure and complete all authorized activities by July 17, 2026, or face potential penalties under multiple OFAC sanctions programs.
Worldwide International
WT
Winston Taylor
Article
FTC Settlement Highlights Risks Of Deceptive AI Marketing Claims
The Federal Trade Commission has charged three companies with deceiving small business customers by marketing an AI-powered "Active Listening" service that claimed to eavesdrop on consumers' conversations through smart devices to serve targeted ads. The FTC alleges the service was nothing more than ordinary email list buying dressed up in surveillance-themed marketing language, raising critical questions about AI washing and consumer consent in digital advertising.
United States Consumer
GA
Global Advertising Lawyers Alliance (GALA)
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