North Korea Designations; Amendment to the Iranian Transactions and Sanctions Regulations; Issuance of Iran-Related Frequently Asked Questions

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is amending the Iranian Transactions and Sanctions Regulations (ITSR) to incorporate Iran-related General License D-2 and publishing an associated List of Services, Software, and ...

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Nicaragua-related Designations; Sudan Designations; Policy Alert on Disrupting Irregular Migration: Best Practices in Response to Recent Developments in the Aviation Sector

Today, the U.S. Departments of Treasury, State and Homeland Security, are jointly issuing a business advisory titled "Policy Alert on Disrupting Irregular Migration: Best Practices in Response to Recent Developments in the Aviation Sector." This advis...

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Russia-related Designations; Non-Proliferation Designations; Issuance of Russia-related General Licenses

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Russia-related General License 95, "Authorizing Civil Aviation Safety and Wind Down Transactions Involving Limited Liability Company Aviakompaniya Pobeda," Russia-relat...

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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 ...

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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...

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

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Venezuela-related General License 44A, "Authorizing the Wind Down of Transactions Related to Oil or Gas Sector Operations in Venezuela." Additionally, OFAC is publishin...

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