The following blog is excerpted from an interview with an OFAC attorney in which they discuss transnational criminal organizations.

Earlier this week the Office of Foreign Assets Control (OFAC) issued a revised guidance on entities owned by persons whose property and interests in property are blocked.

The mission of the Financial Crimes Enforcement Network (FinCEN) is to “safeguard the financial system from illicit use and combat money laundering and promote national security through …

Back on July 29, 2014, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated Zhang Lei …

The following blog is excerpted from an interview with an OFAC lawyer in which he discusses Burma’s country-based sanctions. What are the country-based sanctions for Burma and are they still in effect? In Burma, most of the country-based sanctions have been removed. There is no longer a broad prohibition on the entire country of Burma […]

The following is an excerpt from a recent interview in which OFAC Sanctions Attorney discusses family remittances and how they relate to the Office of Foreign Assets Control. If you are concerned that sending money to your loved ones could result in sanctions violations, contact an OFAC attorney at our Washington, DC law office to find out […]

On July 29, 2014, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced the imposition of sectoral sanctions against additional

Last week, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced the designation of 17 alleged leaders and associates of Los Urabeños.

On July 24, 2014 Bank of America, N.A. entered into a settlement agreement (pdf) with the Office of Foreign Assets Control (OFAC) in which the bank agreed to remit $16,562,700 …

On July 23, 2014 federal law enforcement authorities arrested three women on charges that they provided material support to al-Shabaab.  Those three women are Muna Osman Jama of Reston, Virginia; Hinda Osman Dhirane of Kent, Washington; and Farhia Hassan of the Netherlands.  Two additional women, Fardowsa Jama Mohamed of Kenya and Barira Hassan Abdullah of […]