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 ...

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 ...

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

A critical state review finds problems with Michael Inzelbuch's lucrative Lakewood schools' contract and sparks blockage of ...

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 ...

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 ...