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 ...

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 ...

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

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 ...

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 ...

OFAC claims that Aiotec’s actions were deliberate and violated the Iranian Transactions and Sanctions Regulations (ITSR). This case is another example of how U.S. sanctions laws reach beyond ...

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

“The Staker Protection Plan launch underscores our commitment to empowering blockchain validators with innovative solutions,” said BTCS CEO Charles Allen when the company announced the plan. “This ...