US sanctions in Syria will not stand in the way of life-saving efforts for the Syrian people, said deputy treasury secretary Wally Adeyemo.
February 10, 2023Six officers and board members of Qods Aviation Industries were designated over the use of Iranian drones by Russia to attack Ukrainian civilian infrastructure.
January 10, 2023The sanctions were connected to illegal fishing. The US, UK and Australia also sanctioned dozens of others in recognition of International Anti-Corruption Day and Human Rights Day.
December 12, 2022OFAC and FinCEN took joint action for sanctions screening failures and violations of AML and SAR reporting requirements.
October 12, 2022US Congressman Tom Emmer says the designations against Tornado Cash wallet addresses are a "divergence from previous OFAC precedent".
August 29, 2022The possible inclusion of Hikvision on the SDN List would have far-reaching consequences because its equipment is used -in more than 180 countries.
May 10, 2022Crypto mixer Blender.io was used to process over $20.5mn of the crypto stolen from the Axie Infinity hack in March, OFAC said.
May 9, 2022The US could enforce secondary sanctions against designated Russian entities and individuals, which would threaten anyone transacting with Russia.
May 9, 2022A business advisory from four US government agencies says US firms should be aware of the risks they face if they continue operating in Hong Kong.
July 18, 2021In both cases, OFAC cited voluntary self-disclosures, the non-egregiousness of the violations, and remedial action as the reasons for the penalty amounts.
May 5, 2021