William & Mary2y
Treasury Department’s Office of Foreign Asset Control (OFAC)
OFAC can also designate persons and entities (including persons and entities in the United States) as Specially Designated Nationals ("SDN list"). OFAC designates persons and entities as SDNs for ...
exportcompliancedaily5d
US Supplier Fined by OFAC After Shipping to Sanctioned Firms Doing Business With Russia
SkyGeek voluntarily disclosed some of the potential violations, which OFAC called non-egregious. The agency said it could have imposed a maximum civil penalty of more than $2.2 mi ...
Hosted on MSN5d
Dangerous Breach: China Hacks OFAC and Treasury Sanctions Systems
Hackers from the Chinese government have successfully gained access to the Office of Foreign Assets Control (OFAC), one of ...
JD Supra29d
Fifth Circuit Overturns OFAC Sanctions on Blockchain-based Privacy Technology
On November 26, the U.S. Fifth Circuit Court of Appeals overturned sanctions imposed by the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) against a decentralized ...