A building materials company settled potential civil liability for violations of the Iranian Transactions and Sanctions Regulations.
News & Insights
A U.S. skincare and dietary supplements company settled OFAC charges regarding apparent violations of the Iranian Transactions and Sanctions Regulations after the Company supplied products and services to Iran.
OFAC issued a revised General License under the Russian Harmful Foreign Activities Sanctions Regulations, General License No. 8G, extending the authorization for energy-related transactions with certain Russian financial entities through 12:01 a.m. November 1, 2023.
An online trading platform settled OFAC charges for processing digital asset-related transactions in sanctioned jurisdictions.
A UK-based cigarette manufacturer settled potential civil liability for sanctions violations related to a scheme to export tobacco to North Korea, and causing U.S. financial institutions to process North Korean bank wire transfers.