The Ambassador elaborated that U.S. law strictly limits engagement with individuals under OFAC sanctions, making Mohamed’s ...

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has sanctioned three North Korean nationals and ...

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has designated two individuals and five ...

The U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) announced on July 15, 2025, that Interactive Brokers LLC ...

The Trump administration announced Wednesday it has designated more than 20 entities as complicit in the facilitation of selling Iranian oil, which funds a paramilitary force considered a foreign ...

The United States on Wednesday announced a new round of sanctions targeting Iran’s “shadow banking” network involved in the illicit trade of Iranian oil designed to fund Tehran’s Islamic Revolutionary ...

Barring what she described as a “unicorn” piece of evidence that would force the discussion of the now-illegal sanctions, District Judge Katherine Polk Failla said no to sanctions talk at trial.

OFAC will soon be enforcing economic and trade sanctions against individuals and groups outside the United States that use cyber attacks to threaten U.S. foreign policy, national security or ...

OFAC Fines are Costing “All Other Businesses” From 2006 to 2017, nearly 30% of all fines levied against OFAC’s “All Other Businesses” category ranged from $100,000 to $499,999. For many companies, a ...

Categories of OFAC sanctions. Any person or business with a U.S. presence is subject to OFAC sanctions. As part of its enforcement efforts, OFAC provides the Specially Designated Nationals (SDN ...

OFAC has estimated that the time required to complete a report of a rejected transaction is one half hour (0.5 hours). This estimate appears to be optimistic, ...

Sanctions have become a leading tool of U.S. foreign policy, with successive rounds of restrictions applied in recent years to Iran, Syria and North Korea, as well as to international criminals ...