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 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”) announced on July 15, 2025, that Interactive Brokers LLC ...

By Kazeem UgbodagaThe U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on two individuals and five entities involved in a petroleum smuggling and money ...

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has significantly increased its focus on sanctions compliance ...

The U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) has issued four enforcement actions during the first half of this year, two in January under former President Biden and ...

The U.S. Treasury's Office of Foreign Assets Control announced an $11.8 million settlement with Interactive Brokers for ...

The Office of Foreign Assets Control said the firm managed a $20 million investment for Suleiman Kerimov, a member of Putin’s ...

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 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 ...