U.S. Treasury sanctions Rwanda's military and four officials for supporting the M23 Movement's human rights abuses in Congo.

Experts say regulators will be looking more closely at know-your-customer compliance in the wake of U.S. strikes on Iran.

Gold Reserve Ltd. ("Gold Reserve" or the "Company") (TSX-V: GRZ, BSX: GRZ.BH, OTCQX: GDRZF) today noted the issuance by the U.S. Department of the Treasury’s Office of Foreign Assets Control ("OFAC") ...

In the weeks since U.S. special forces’ capture of Nicolás Maduro, the Trump Administration has worked to bring Venezuela’s energy industry back online, including through the issuance of various ...

First, counterparty risk is significant. A company may unknowingly transact with a sanctioned individual through complex ...

Sanctions can change in the future, but leaders must stay compliant with the laws as they are currently written.

Marking what appears to be a reversal of previous policy, the Office of Foreign Assets Control (OFAC) determined that US persons can, subject to certain limitations, include sanctioned persons as ...

A real estate executive reached a $3.77 million settlement with the Office of Foreign Assets Control after OFAC accused them of violating U.S. sanctions against Syria. The person -- which committed ...

The U.S. Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned Russian firm Operation Zero and its founder, ...

As peak summer holiday season approaches, the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) continues to remind the private sector of the importance of strict economic ...