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The Office of Foreign Assets Control is a U.S. Treasury agency that enforces sanctions imposed by the U.S. against nations and groups.

Refineries purchase Iranian oil, and then transfer payments to these front companies, who in turn, move funds to other front ...

The Federal Reserve Board, Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency issued on Monday ...

News about Office of Foreign Assets Control (United States Treasury). Commentary and archival information about Office of Foreign Assets Control (United States Treasury) from The New York Times.

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) June 10 decision to sanction Addameer, a ...

The Treasury Department's Office of Foreign Assets Control (OFAC) administers and enforces economic sanctions imposed by the United States against foreign countries. Depending on the country, OFAC ...

On April 15, 2021, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned 16 individuals and 16 entities for “attempting to undermine and influence the 2020 US ...

The United States on Wednesday announced a new round of sanctions targeting Iran’s “shadow banking” network involved in the ...

In addition to war exclusions, many policies, including directors and officers (D&O) insurance policies, have Office of Foreign Assets Control exclusions.

The new clarifications include an answer to the frequently asked questions, “Is the June 21, 2019, amendment to the Office of Foreign Assets Control (OFAC)’s Reporting, ...