OFAC  imposed sanctions on 18 entities and individuals aiding the Iranian regime in evading sanctions, generating illicit revenue, and suppressing domestic dissent. The August 7  designations target financial and technology firms, banking networks, and executives supporting Tehran’s circumvention of U.S. financial restrictions and surveillance of its population.

The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) announced sanctions Wednesday targeting key figures in the Mexico-based Cartel del Noreste (CDN), including three senior leaders and a high-profile rap artist.

Treasury’s Office of Foreign Assets Control (OFAC) announced sanctions on five entities and one individual in Iran, Hong Kong, Taiwan, and China for supplying technology to the Iran Aircraft Manufacturing Industrial Company (HESA), a state-owned subsidiary of Iran’s Ministry of Defense and Armed Forces Logistics (MODAFL).

The U.S. Treasury today announced what it called its most extensive Iran-related sanctions action since 2018, targeting a global shipping and financial network that U.S. officials allege has funneled billions of dollars to the Iranian government. The action, carried out by the Office of Foreign Assets Control (OFAC) in coordination with the State Department, designates over 50 individuals and entities and identifies more than 50 vessels tied to a network overseen by Mohammad Hossein Shamkhani, son of senior Iranian political advisor Ali Shamkhani.

Treasury’s Office of Foreign Assets Control (OFAC) today sanctioned Alexandre de Moraes, a sitting justice on Brazil’s Supreme Federal Court (STF), for his role in a campaign of censorship, arbitrary detention, and serious human rights abuses. The sanctions, issued under Executive Order 13818 pursuant to the Global Magnitsky Human Rights Accountability Act, target de Moraes for using his judicial authority to "suppress political opposition and curtail freedom of expression."

OFAC removed over two dozen entries from its Specially Designated Nationals and Blocked Persons (SDN) List, including individuals and entities previously sanctioned under Executive Order 14014 targeting the Burmese military regime and under sanctions programs related to North Korea.  

July 21, the House passed the OFAC Licensure for Investigators Act (H.R. 1450), which establishes a pilot program within the Office of Foreign Assets Control (OFAC) to permit licensed private firms to engage in nominal financial transactions with sanctioned entities for investigative purposes. Modeled after tools used by law enforcement to monitor financial accounts during investigations, the legislation aims to provide OFAC with a similar investigative mechanism, enabling more effective tracking of sanctioned networks and enforcement of U.S. sanctions.

The United Kingdom on Monday followed a new salvo in Russia sanctions launched over the weekend, expanding efforts to curtail the Kremlin’s oil profits by going after companies that register the tankers authorities say are moving illicit shipments of Russian crude.

The European Union has approved a new package of sanctions against Russia targeting its banking and energy sectors, following Slovakia’s withdrawal of its veto. The move clears the way for …

The bipartisian Sanctioning Russia Act of 2025 is expected to reach the Senate Floor in the coming weeks, as President Trump continues to push to water down key enforcement provisions of the bill.

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced a settlement deal topping $1.45 million with Harman International Industries, Inc., a U.S.-based audio and electronics subsidiary of Samsung, to resolve apparent violations of the Iranian Transactions and Sanctions Regulations (ITSR).

Sanctions published last week by OFAC effectively weaponize access to cloud platforms, identity systems, and communication tools, highlighting the vulnerability of global institutions reliant on U.S.-based digital infrastructure.

Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on a global network of entities and individuals facilitating billions of dollars in illicit Iranian oil sales, including smuggling operations benefiting Iran’s Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF), a designated Foreign Terrorist Organization.

Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned seven senior officials and one entity linked to Al-Qard Al-Hassan (AQAH), a Hizballah-controlled financial institution …

Treasury’s Office of Foreign Assets Control (OFAC) announced a $608,825 settlement with Key Holding, LLC to resolve its potential civil liability for 36 apparent violations of the Cuban Assets Control Regulations (CACR), 31 C.F.R. part 515. The violations stemmed from the conduct of a Colombian subsidiary that managed logistics for freight shipments to Cuba between January 2022 and July 2023.

President Trump has revoked key U.S. sanctions on Syria, citing changed circumstances and the emergence of a transitional Syrian government.

Treasury’s Office of Foreign Assets Control (OFAC) has designated Aeza Group, a Russia-based bulletproof hosting (BPH) provider, for enabling a range of cybercriminal activities, including ransomware operations, credential theft, and darknet drug trafficking.

President Trump has signed a National Security Presidential Memorandum (NSPM) reissuing and amending NSPM-5, originally issued in 2017, to restore and strengthen U.S. policy toward Cuba. The June 30 directive rolls back policies from the Biden administration and reimposes a broad set of restrictions on travel, trade, and diplomatic engagement, with the stated aim of promoting human rights, economic freedom, and democratic governance in Cuba.

On June 30, the President issued an  Executive Order "Providing for the Revocation of Syria Sanctions" that removes U.S. sanctions on Syria, effective July 1, 2025. To implement the President's …

The Treasury’s Office of Foreign Assets Control (OFAC) has issued a notice requesting public comment on a proposed electronic Sanctions Reconsideration Portal. The initiative seeks to streamline administrative reconsideration requests submitted under OFAC’s Reporting, Procedures and Penalties Regulations (31 CFR § 501.807) by sanctioned individuals or entities.