Secretary Rubio discusses targeted individuals and entities, including those in Iraq, the UAE, and China. Secretary of State Marco Rubio announced that the U.S. is expanding sanctions against…
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Treasury Proposes Rules for Stablecoin Oversight Under New Federal Law
The draft regulation outlines anti-money laundering and sanctions requirements for digital payment issuers. The Financial Crimes Enforcement Network (FinCEN)and the Office of Foreign Assets Control (OFAC) recently introduced…
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U.S. Imposes Visa Restrictions and Sanctions for Rwandan Violations of Peace Accords
Measures target Rwandan military officials and entities accused of supporting the armed group M23. The U.S. Department of State announced visa restrictions on several senior Rwandan officials in…
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USDA Launches Reporting Portal for Foreign-Owned Agricultural Land Transactions
AFIDA Act requires the reporting of the expansive foreign agricultural land holdings in the U.S. The Department of Agriculture (USDA) has announced the launch of an online reporting…
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OFAC Sanctions Iran’s “Shadow Fleet” of Oil Vessels
The agency says that the Iranian ships carry products that fund proxies and missiles. The Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced sanctions on…
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Treasury Sanctions Firms and Vessels Linked to Venezuelan Oil Trade
OFAC action targets companies and tankers operating in sanctioned sectors. The Treasury Department’s Office of Foreign Assets Control (OFAC) announced sanctions against four companies involved in Venezuela’s oil…
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U.S. Sanctions Target North Korean Cyber Networks Funding Weapons Programs
The Treasury Department designates individuals, banks, and companies accused of laundering money for North Korea’s weapons and cyber operations. The Department of the Treasury’s Office of Foreign Assets…
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Treasury Department Sanctions International Human-Smuggling Network
OFAC targets the Bhardwaj Organization and associated companies linked to migrant smuggling and financial crimes The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has…
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U.S. Treasury Sanctions Russian Oil Companies
The administration responds to President Putin’s lack of good faith in negotiating for peace in Ukraine. Department of the Treasury’s Office of Foreign Assets Control imposed sanctions on…
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U.S. Treasury Implements Sanctions on Houthi Oil Smuggling Network
The action targets front companies, operatives, and vessels linked to illegal oil trade and weapons procurement supporting Iran-backed Ansarallah. This month, the U.S. Department of the Treasury’s Office…
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