OFAC licenses are categorized into two types: general and specific licenses. General licenses authorize a broad range of ...

The return of Donald Trump to the White House signals dramatic shifts in sanctions policy and anti-money laundering ...

are a set of regulations found at 15 C.F.R. § 730 et seq. They are administered by the Bureau of Industry and Security, which is part of the US Commerce Department. The Treasury Department’s Office of ...

The Treasury Department's Office of Foreign Assets Control (OFAC) administers and enforces economic sanctions imposed by the United States against foreign countries. Depending on the country, OFAC ...

But almost a year later, a Texas federal court judge sided with the US Treasury, ruling that Tornado Cash was “an entity that may be designated per OFAC regulations.” The plaintiffs appealed ...

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) recently announced it sanctioned Iran-based ...

This alert explores the key distinctions between OFAC and KoFIU regulations and provides considerations for Korean financial technologies companies seeking to operate in the U.S. OFAC administers ...

S. Department of Treasury Office of Foreign Assets Control) Regulations applicable to University activities, and (ii) to develop and maintain an EC Compliance program to enable Purdue Associates to ...

The tariffs imposed by President Trump on Canada and Mexico under the International Emergency Economic Powers Act of 1977 (IEEPA) went into effect ...

McHenry urges the SEC to fight rising crypto scams and stop blaming victim, stressing the need to hold fraudster accountable ...