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.
OFAC designated 25 individuals and 29 entities based in 20 jurisdictions participating in a network that facilitated the importation of critical technologies used in Russia's war against Ukraine.