The United States is expected to grant Serbia a fifth postponement of sanctions against its Russian-controlled oil company ...

The US Treasury on Friday announced sanctions against a Venezuelan cartel group which it claims is led by President Nicolas ...

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

The U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) announced on July 15, 2025, that Interactive Brokers LLC ...

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) sanctioned a North Korean front company and three associated individuals for their involvement in the fraudulent remote ...

OFAC regulations compliance failures can lead to OFAC blocking transactions and assets, and they can lead to civil or criminal enforcement action in some cases. 5 Keys to OFAC Compliance in 2023 ...

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 ...

When it comes to ransomware, OFAC has typically used evidence from criminal indictments, such as that of the alleged mastermind behind the Russia-based Evil Corp cybercrime gang in 2019.

OFAC will soon be enforcing economic and trade sanctions against individuals and groups outside the United States that use cyber attacks to threaten U.S. foreign policy, national security or ...