Publication of Quint-Seal Compliance Note-Know Your Cargo: Reinforcing Best Practices to Ensure the Safe and Compliant Transport of Goods in Maritime and Other Forms of Transportation

Today, the Department of Justice (DOJ), Department of Commerce’s Bureau of Industry and Security (BIS), Department of Homeland Security’s Homeland Security Investigations (HSI), Department of State’s Directorate of Defense Trade Controls (DDTC), and De...

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Settlement Agreement between the U.S. Department of the Treasury’s Office of Foreign Assets Control and Nasdaq, Inc.

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today announced a settlement with Nasdaq, Inc. Nasdaq agreed to remit $4,040,923 to settle its potential civil liability for a former wholly owned ...

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Human Rights-Related Designations; Issuance of Global Magnitsky Frequently Asked Question; OFAC to retire its FTP server (OFACFTP.treas.gov) on or about June 10, 2024

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing one Global Magnitsky-related Frequently Asked Question (1145). Additionally, OFAC has updated its Specially Designated Nationals and Blocked Persons List. Reminder ...

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Russia-related Designations; Belarus Designations; Issuance of Belarus General License

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Belarus General License 10, "Authorizing the Wind Down of Transactions Involving Tabak Invest LLC." Additionally, OFAC has updated its Specially Designated Nationals a...

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Settlement Agreement between the U.S. Department of the Treasury’s Office of Foreign Assets Control and Binance Holdings, Ltd.

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today announced a $968,618,825 settlement with Binance Holdings, Ltd. (“Binance”), a Cayman Islands company and the world’s largest virtual currency exchange. Binance also ag...

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Counter Terrorism Designations; Issuance of Venezuela-related Frequently Asked Questions

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing four new Venezuela-related Frequently Asked Questions (FAQs 1141-1144). Additionally, OFAC has updated its Specially Designated Nationals and Blocked Persons List:

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Issuance of Venezuela-related General Licenses and Associated Frequently Asked Questions

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Venezuela-related General License 8M, "Authorizing Transactions Involving Petroleos de Venezuela, S.A. (PdVSA) Necessary for the Limited Maint...

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Balkans-related Designations; Russia-related Designations and Designation Update; Issuance of Russia-related General License, Balkans-related General Licenses, and Frequently Asked Question

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Russia-related General License 77, "Authorizing Limited Safety and Environmental Transactions Involving Certain Persons or Vessels", Balkans-r...

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Sanctions Compliance Guidance for the Provision of Humanitarian Assistance to the Palestinian People

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing an OFAC Compliance Communique: Guidance for the Provision of Humanitarian Assistance to the Palestinian People in response to questions f...

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