FATF

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing an OFAC Compliance Communique: Guidance on Authorized Transactions Related to Earthquake Relief Efforts in Syria in response to questions from the NGO community and the general public on how to provide assistance related to earthquake relief to Syria while complying with OFAC sanctions.

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Syria General License 23 "Authorizing Transactions Related to Earthquake Relief Efforts in Syria."

The Department of the Treasury's Office of Foreign Assets Control (OFAC) has published a determination pursuant to section 1(a)(ii), 1(b), and 5 of Executive Order (E.O.) 14071 and a determination pursuant to section 1(a)(ii) of Executive Order (E.O.) 14071 to implement the price cap policy for crude oil and petroleum products of Russian Federation origin.

Additionally, OFAC has published Guidance on Implementation of the Price Cap Policy for Crude Oil and Petroleum Products of Russian Federation Origin and has issued Russia-related General License 56A and General License 57A.

OFAC has updated its SDN List. Please visit the URL below to view this action

OFAC has updated its SDN List. Please visit the URL below to view this action

OFAC has updated its SDN List. Please visit the URL below to view this action

OFAC has updated its SDN List. Please visit the URL below to view this action

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Venezuela-related General License 5J, "Authorizing Certain Transactions Related to the Petroleos de Venezuela, S.A. 2020 8.5 Percent Bond on or After April 20, 2023". OFAC is also amending Venezuela-related Frequently Asked Question 595.

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Counter Terrorism General License 21B "Authorizing Limited Safety and Environmental Transactions Involving Certain Vessels" and is amending one Counter Terrorism-related Frequently Asked Question (1097).

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing one new Iran-related Frequently Asked Question (FAQ 1110) and amending several Iran-related Frequently Asked Questions (FAQs 337, 338, 339, 340, 341, 342, 343, 344, 345, 346, 348, 434, 435, 436, 437, 438, 439, 440, 441, 442, 443, and 853).

OFAC has updated its SDN List. Please visit the URL below to view this action

OFAC has updated its SDN List. Please visit the URL below to view this action

OFAC has updated its SDN List. Please visit the URL below to view this action

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing one Russia-related Frequently Asked Question (1113).

The following additions and removals have been made to OFAC's list of Specially Designated Nationals:

OFAC has updated its SDN List. Please visit the URL below to view this action

OFAC has updated its SDN List. Please visit the URL below to view this action

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Global Magnitsky General License 5, "Authorizing Certain Transactions Related to Frigorifico
Chajha S.A.E." and General License 6, "Authorizing the Wind Down of Transactions Involving Bebidas USA Inc., Tabacos USA Inc., Frigorifico Chajha S.A.E., Dominicana Acquisition S.A., or Certain
Blocked Entities Owned by Horacio Manuel Cartes Jara." OFAC is also issuing two Frequently Asked Questions (1111 and 1112). The following additions and changes have been made to OFAC's list of Specially
Designated Nationals:

OFAC has updated its SDN List. Please visit the URL below to view this action

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Russia-related General License 6C "Transactions Related to Agricultural Commodities, Medicine, Medical Devices, Replacement Parts and Components, or Software Updates, the Coronavirus Disease 2019 (COVID-19) Pandemic, or Clinical Trials", Russia-related General License 54A "Authorizing Certain Transactions Involving VEON Ltd. or VEON Holdings B.V. Prohibited by Executive Order 14071", and Russia-related General License 28B "Authorizing the Wind Down and Rejection of Certain Transactions Involving Public Joint Stock Company Transkapitalbank and Afghanistan". OFAC is also amending four Russia-related Frequently Asked Questions (982, 1054, 1055, and 1059).

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is amending its regulations to implement for 2023 the Federal Civil Penalties Inflation Adjustment Act of 1990, as
amended by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. This regulatory amendment adjusts for inflation the maximum amount of the civil monetary penalties that may be assessed under relevant OFAC regulations. This regulatory amendment is currently available for public inspection with the Federal Register and will take effect upon publication in the Federal Register on Friday, January 13, 2023.

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Venezuela-related General License 31B,
"Certain Transactions Involving the IV Venezuelan National Assembly and Certain Other Persons."  OFAC is also amending several Frequently Asked Questions (522, 547, 660, 679, and 680).

OFAC has updated its SDN List. Please visit the URL below to view this action