Russia-related Designation; Counter Narcotics Designations Removals
OFAC has updated its SDN List. Please visit the URL below to view this action
Tag: Union of Good
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…
Ukraine-/Russia-related Designation Removal
OFAC has updated its SSI List. Please visit the URL below to view this action
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…
Iran-related Designations; Russia-related Designation Removal; Ukraine-related Designation Removal
OFAC has updated its SDN and SSI Lists. Please visit the URL below to view this action
Counter Narcotics and Iran-related Designations; Russia-related Designations Updates; Issuance of Iran-related General License and Guidance; Publication of Fraud Alert
The Department of the Treasury’s Office of Foreign Assets Control (OFAC) has published an Alert “Notice of Fraudulent Communications Requesting Payments involving OFAC” to make the public aware of telephone, email, and letter scams involving…
Publication of Tri-Seal Compliance Note: Cracking Down on Third-Party Intermediaries Used to Evade Russia-Related Sanctions and Export Controls
Today, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS), the U.S. Department of Justice (DOJ), and the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), issued a Tri-Seal Compliance…