Settlement Agreement between the U.S. Department of the Treasury’s Office of Foreign Assets Control and SCG Plastics Co., Ltd.

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) today announced a settlement with SCG Plastics Co., Ltd. ("SCG Plastics"), part of a multinational enterprise headquartered in Bangkok, Thailand. SCG Plastics has agreed to ...

Continue ReadingSettlement Agreement between the U.S. Department of the Treasury’s Office of Foreign Assets Control and SCG Plastics Co., Ltd.

Non-Proliferation Designations; West Bank-related Designations; Issuance of Russia-related General License

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Russia-related General License 94, "Authorizing Transactions Involving OWH SE i.L. (Formerly Known as VTB Bank Europe SE)." Additionally, OFAC has updated its Specially...

Continue ReadingNon-Proliferation Designations; West Bank-related Designations; Issuance of Russia-related General License