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

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

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

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 ...

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

An overview of how federal bank regulatory agencies examine banks for Bank Secrecy Act (BSA) compliance and the available ...

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

Muddy Waters’ investigation highlighted evidence from LinkedIn posts by an Iranian airline executive, revealing CFM-56 engines and FTAI packaging in Iran. The findings suggest that FTAI’s Aerospace ...

Lithuanian national Aleksej Bešciokov, accused of operating crypto exchange Garantex, was arrested in India on U.S. charges.

Serica Energy announced on Thursday that it has secured a two-year renewal of its US Office of Foreign Assets Control (OFAC) ...

The US has sanctioned more than 30 companies, vessels, and individuals worldwide, including four Indian companies, for their alleged involvement in the trade an ...