Russia-related Designation; Counter Narcotics Designations Removals
OFAC has updated its SDN List. Please visit the URL below to view this action
Tag: Office of Foreign Assets Control
Counter Narcotics Designations; Syria Designations
OFAC has updated its SDN List. Please visit the URL below to view this action
Counter Terrorism Designations; Sudan Designations; Russia-related Designation Removal; Issuance of Sudan General Licenses
The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is issuing Sudan General License Number 1 “Official Business of Certain International Organizations and Entities;” Sudan General License Number 2 “Certain Transactions in Support…
Technical Corrections in the Iranian Transactions and Sanctions Regulations and Western Balkans Stabilization Regulations
The Federal Register has posted a regulatory amendment from the Office of Foreign Assets Control (OFAC) for public inspection today. This amendment updates the Iranian Transactions and Sanctions Regulations, 31 CFR part 560, and the…
Hostages and Wrongfully Detained U.S. Nationals Designations; Counter Narcotics Designations and Removal; Iran-related Designations Updates and Removals; Issuance of Cyber-related General License and Amended Frequently Asked Questions
The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is issuing Cyber-related General License 1C, “Authorizing Certain Transactions with the Federal Security Service.” OFAC is also amending three Cyber-related Frequently Asked Questions (501,…
Issuance of Venezuela-related General License; Publication of New and Amended Venezuela-related Frequently Asked Questions
The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is issuing Venezuela General License 42, “Authorizing Certain Transactions Related to the Negotiation of Certain Settlement Agreements with the IV Venezuelan National Assembly and Certain…
Settlement Agreement between the U.S. Department of the Treasury’s Office of Foreign Assets Control and Poloniex, LLC
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today announced a settlement with Poloniex, LLC (“Poloniex”). Poloniex agreed to remit $7,591,630 to settle its potential civil liability for apparent violations of…
Issuance of Executive Order Imposing Sanctions on Certain Persons Destabilizing Sudan and Undermining the Goal of a Democratic Transition
Today, the President signed a new Executive Order Imposing Sanctions on Certain Persons Destabilizing Sudan and Undermining the Goal of a Democratic Transition. In addition, the Department of the Treasury’s Office of Foreign Assets Control…
Ukraine-/Russia-related Designation Removal
OFAC has updated its SSI List. Please visit the URL below to view this action
Publication of South Sudan Sanctions Regulations
The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is amending the South Sudan Sanctions Regulations and reissuing them in their entirety. This regulatory amendment is currently available for public inspection with the…
Settlement Agreements between the U.S. Department of the Treasury's Office of Foreign Assets Control; Murad, LLC, and an Individual
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today announced a $3,334,286 settlement with Murad, LLC (“Murad”), and a $175,000 settlement with a natural U.S. person (“U.S. Person-1”). Murad agreed to…
Iran-related Designations and Designation Update; Non-Proliferation Designations and Designation Update; Nicaragua-related Designations; Issuance of Venezuela-related General License and related Amended Frequently Asked Question
The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is issuing Venezuela-related General License 5k, “Authorizing Certain Transactions Related to the Petroleos de Venezuela, S.A. 2020 8.5 Percent Bond on or After July…
Counter Narcotics Designations; Russia-related Designations Updates
OFAC has updated its SDN List. Please visit the URL below to view this action
North Korea Designation; Counter-Narcotics Designations Removals; Venezuela-related Designation Removal
OFAC has updated its SDN List. Please visit the URL below to view this action
Global Magnitsky Designation; Issuance of Global Magnitsky General License and Frequently Asked Question
The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is issuing Global Magnitsky General License 7, “Authorizing Certain Transactions Involving Tabacalera del Este S.A. or Tabacos USA Inc. Pursuant to the Tobacco Master…