U.S. Treasury Under Secretary Sigal Mandelker highlighted the Department's efforts to ensure that the framework for Anti-Money Laundering/Combating the Financing of Terrorism is aligned to match the constantly changing nature of financial crime.

A multinational bank agreed to pay approximately $1.3 billion in penalties for violating, and for attempting to conceal violations of, U.S. sanctions law.

The U.S. Treasury Department Office of Foreign Assets Control published new Frequently Asked Questions related to economic sanctions and the restructuring of certain Venezuelan debt.