Corporate Compliance Insights2d
Trump 2.0 Is Already Shaking Up the Sanctions & AML Landscape
The return of Donald Trump to the White House signals dramatic shifts in sanctions policy and anti-money laundering ...
William & Mary3y
Treasury Department’s Office of Foreign Asset Control (OFAC)
Depending on the country, OFAC programs may freeze assets of embargoed countries, prohibit payment of funds to individuals and countries on the embargo list, or prohibit provision of services to ...
Crowdfund Insider8d
US Department of Treasury Sanctions Bitcoin (BTC) and Monero (XMR) Crypto Addresses Linked to Darknet Marketplace Nemesis
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) recently announced it sanctioned Iran-based ...
JD Supra14d
Haas Automation Agrees to Pay More Than $2.5 Million to Settle Sanctions and EAR Violations
On January 17, the Treasury Department’s Office of Foreign Assets Control (OFAC) and the Commerce Department’s Bureau of Industry and Security ...
Stabroek News7d
The OFAC statement does inform of risks when engaging in certain transactions or activities with sanctioned entities
On June 11, 2024, the U.S Department of Treasury announced that the Office of Foreign Assets Control (OFAC) had sanctioned members of one of Guyana’s wealthiest families, namely, the principals ...
The American Spectator16d
Trump Administration Imposes Sanctions on Iran Oil
The State Department and the Department of the Treasury’s Office of Foreign Assets Control (OFAC) have imposed sanctions on Iran’s oil trade. According to OFAC, these are the second batch of ...
CRN8mon
US Sanctions Kaspersky Executives After Domestic Cybersecurity Sales Ban
OFAC did not add Kaspersky CEO and founder Eugene Kaspersky to the list. The company itself did not receive any sanctions by OFAC. “Today’s action against the leadership of Kaspersky Lab ...