On October 22, 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) imposed full blocking sanctions on Russia’s ...

On October 22, 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced sweeping new sanctions targeting Russia’s energy sector, citing the Kremlin’s continued ...

Over the last decade, the Office of Foreign Assets Control (OFAC) has imposed $4.3 billion in civil money penalties. But did you know that businesses other than banks received 81% of these fines last ...

The US Treasury Department on Wednesday lifted sanctions on Bosnian Serb nationalist leader Milorad Dodik, his allies, and ...

The sanctions come as Western governments escalate efforts to choke off Moscow’s energy revenue and weaken its ability to ...

Oil and gas giant ExxonMobil Corp. (NYSE: XOM) recently achieved what many in the export compliance profession thought would be impossible. It won a federal court case against the Treasury ...

The United States Treasury Department has added new financial sanctions on Iran, specifically targeting individuals and companies accused of moving illicit oil revenues through crypto and front firms ...

https://www.thehindubusinessline.com/money-and-banking/banks-want-ofac-cell-created-in-dfs-to-deal-with-sanctions-related-advisories/article68297270.ece Copy Banks ...

On October 15, 2021, the US Department of the Treasury’s Office of Foreign Assets Control ("OFAC") issued a brochure to promote sanctions compliance in the virtual currency industry (the "Guidance") 1 ...

With just one paragraph, an agency of the U.S. government may have just radically altered the dynamics of the cryptocurrency ecosystem. The Office of Foreign Asset Control (OFAC) announced on March 19 ...