The Treasury and Federal Reserve have jointly fined Wells Fargo Bank nearly $100 million for failing to prohibit sanctions violations conducted on its trade finance platform Eximbills over a period of seven years.
Treasury's Office of Foreign Assets Control (OFAC) issued a license permitting a sanctioned Paraguayan tobacco company to continue its remittances under the 1998 Tobacco Master Settlement Agreement.
Treasury’s Office of Foreign Assets Control (OFAC) and UK officials named associates of Syrian President Bashar al-Assad for the production or export of Captagon, a dangerous amphetamine.
The State Departement designated of the former Director of the Paraguayan Civil Aviation Authority, a current member of the Paraguayan Panel for the Discipline of Judges and Prosecutors and …
Treasury's Office of Foreign Assets Control (OFAC) is amending and reissuing the Belarus Sanctions Regulations, sanctioned a Burmese aviation fuel broker, and updated the SDN List.
Treasury’s Office of Foreign Assets Control (OFAC) designated four entities and three individuals in Iran and Turkey for their involvement in the procurement of equipment, including European-origin engines of unmanned aerial vehicles (UAV) in support of Iran’s UAV and weapons programs.
Following through on their commitment to “work collectively on further measures on Russian diamonds,” made after last month’s G-7 Summit, US and European Commission officials met …
Elizabeth Rosenberg, the assistant Treasury secretary for terrorist financing and financial crimes, added to the drumbeat of criticism of sanction dodging regimes, telling a meeting of Women in International Trade that the UAE was a “country of focus” for the US.
The Bureau of Industry and Security added 37 entities under 38 entries to the Entity List March 2nd, including 28 Chinese firms.
Signaling a redoubled focus on countries providing conduits to evade western sanctions, Commerce’s Bureau of Industry and Security, the Department of Justice and Treasury’s Office of Foreign Assets Control, issued a Tri-Seal Compliance Note to …
The White House marked the anniversary of Russia’s invasion of Ukraine with a raft of spending, tariffs, sanctions and export controls aimed at Russia and her enablers.
China touted its own sanctions blacklist, placing Lockheed Martin and Raytheon Missiles & Defence to China’s “Unreliable Entity List” over their participation in arms sales to …
