A global manufacturing company based in Minnesota and a New York bank settled separate OFAC charges for violating the Iranian Transactions and Sanctions Regulations.
OFAC designated a co-founder of a sanctioned virtual currency mixer that laundered stolen virtual assets for North Korea.
A building materials company settled potential civil liability for violations of the Iranian Transactions and Sanctions Regulations.
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.