An enforcement two-for: OFAC fines two US firms’ Suriname operations for...
For now, let’s just give you the headlines and the links… after I review the documents, I may devote posts to the details… Settlement Agreements between the U.S. Department of the Treasury’s Office of...
View ArticleWe’re still waiting…
We have not yet seen any executive or administrative action on this, but the State Department issued a press statement: Biden Administration Expands Support to the Cuban People PRESS STATEMENT NED...
View ArticleOFAC updates Cuba sanctions regulations and corresponding FAQs (and issues...
Publication of Amended Cuban Assets Control Regulations (CACR) and Related Frequently Asked Questions Release date 06/08/2022 Body The Department of the Treasury’s Office of Foreign Assets Control...
View ArticleVisa Restrictions for Five Cuban officials
State Department Takes Steps to Impose Visa Restrictions Against Cuban Officials PRESS STATEMENT ANTONY J. BLINKEN, SECRETARY OF STATE JUNE 16, 2022Share The Department of State has taken steps to...
View ArticleJuly 9, 2022 (yes, a weekend): 28 Cuban officials get visa restrictions
Announcement of Visa Restrictions Against Cuban Officials PRESS STATEMENT ANTONY J. BLINKEN, SECRETARY OF STATE JULY 9, 2022 The Department of State has taken steps to impose visa restrictions on 28...
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Enforcement doubleheader – two units of Credit Agricole pay up for violating...
Settlement Agreements between the U.S. Department of the Treasury’s Office of Foreign Assets Control and CA Indosuez Switzerland S.A., and CFM Indosuez Wealth 09/26/2022 The U.S. Department of the...
View ArticleEnd of Quarter Clearance at OFAC: an enforcement action, a related guidance...
Sanctions Compliance Guidance for Instant Payment Systems; Settlement Agreement between OFAC and Tango Card, Inc.; Issuance of Libyan Sanctions Regulations Release date 09/30/2022 Body The U.S....
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Now, today’s OFAC Enforcement Action: Uphold HQ, Inc. pays $72,230.32
Links: OFAC Notice Enforcement Action
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Another FAANG Enforcement Action: Microsoft pays just under $3 million
Settlement Agreement between the U.S. Department of the Treasury’s Office of Foreign Assets Control and Microsoft Corporation Release Date 04/06/2023 The U.S. Department of the Treasury’s Office of...
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