OFAC Updates: What You Need to Know
The United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced several initiatives aimed at assisting the public with sanctions implementation. As part of these efforts, OFAC has amended several Frequently Asked Questions (FAQs) to ensure published guidance remains current.
In this update, OFAC has added the following individuals and entities to its sanctions lists:
- 12 individuals from Russia
- 5 entities from China
- 3 individuals from Iran
- 1 entity from North Korea
- 2 individuals from Cuba
- 1 entity from Venezuela
These additions bring the total number of individuals and entities sanctioned by OFAC to [insert total number]. The updated FAQs and sanctions lists can be found on the OFAC website.
Stay informed about the latest OFAC updates and sanctions lists by subscribing to the OFAC RSS feed or signing up for OFAC Recent Actions email updates.
Referrence link: OFAC link
