OFAC urged persons subject to U.S. sanctions, including financial institutions and other businesses, to notify OFAC of any anticipated delays in meeting certain regulatory reporting deadlines due to COVID-19.
In a cyber threat advisory, the U.S. Departments of Treasury, State, Homeland Security, and the Federal Bureau of Investigation warned that North Korea is carrying out malicious activities to fund "regime priorities."
OFAC designated a Russian controlled oil brokerage firm and its Chair for ongoing operations in the Venezuelan oil sector in violation of an Executive Order blocking property of persons contributing to the situation in Venezuela.
President Donald J. Trump signed an Executive Order to counter Iran's "malign regional influence." The Order targeted Iran's support for terrorism and its pursuit of nuclear and intercontinental ballistic weapons.