The Latest Breaking News from OFAC

Punitive sanctions were imposed on Indian businesses for links with world’s biggest diamond miner Alrosa

So a federal court held Thursday.

Opponents of Myanmar's military government are applauding fresh financial sanctions imposed by the United States on the Southeast Asian nation

Family members of former Bosnian Serb political leader Radovan Karadzic, who was convicted of war crimes for his role in the 1990s Balkan conflict, sued the U.S. Treasury Department on Tuesday over their continued inclusion on a U.S. sanctions list.

US Treasury officials say that the Assad government has used drug trafficking as a source of illicit revenue.

Andrey Guryev, who has been put under UK government sanctions, claims he is not owner of Alfa Nero

A US federal prosecutor announced the arrest of a Lebanese-Belgian citizen considered a major financier of Iran-backed Hezbollah in the Romanian capital, Bucharest. US Attorney Breon Peace in Brooklyn said that Mohammed Ibrahim Bazzi, 58, designated by the US as a “global terrorist” in 2018, when it offered $10 million…

The new rules are designed to speed up deliveries.

A new Chainalysis report highlights how the Office of Foreign Assets Control has been targeting bad actors in the crypto sector.

Most dangerously of all, they're starting to make their own central bank digital currencies.

The Biden administration granted Chevron a license to resume oil production in Venezuela after U.S. sanctions halted all drilling activities almost three years ago.