Millie
your market intelligence analyst
Search Results
Edit Save
240 results
The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is issuing General License 8A, "Authorizing Certain Humanitarian Trade Transactions Involving the Central Bank of Iran or the National Iranian Oil Company." OFAC is also amending related Frequently Asked Questions (821, 822, 825, 828, and 844). In addition, OFAC has updated its Specially Designated Nationals and Blocked Persons List:
The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is amending the Cuban Assets Control Regulations, 31 C.F.R. Part 515 (CACR) to further implement portions of the President’s foreign policy toward Cuba. The rule will be published in the Federal Register on Tuesday, October 27, 2020, and will be effective 30 days later on November 26, 2020. OFAC is also publishing a number of updated (72, 717, 728, 732, 734, 756, 759, 796, 797) and new Frequently Asked Questions.
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today announced a $4,144,651 settlement with Berkshire Hathaway, Inc. ("Berkshire"), a multinational conglomerate holding company based in Omaha Nebraska, and its foreign subsidiary, Iscar Kesici Takim Ticareti ve Imalati Limited Sirket ("Iscar Turkey").
On October 14, 2020, the Secretary of State submitted to Congress a report pursuant to section 5(a) of the Hong Kong Autonomy Act. To provide further information on reporting requirements under the HKAA, including required reports by the Secretary of the Treasury, OFAC has published the following FAQs: 848, 849, 850, 851. In addition, OFAC has updated the following names on its Specially Designated Nationals List.
The Secretary of the Treasury, in consultation with the Secretary of State, has identified the financial sector of the Iranian economy pursuant to Executive Order (E.O.) 13902. OFAC has issued Iran General License L - Authorizing Certain Transactions Involving Iranian Financial Institutions Blocked Pursuant to E.O. 13902. In addition, OFAC has published the following Iran-related Frequently Asked Questions (FAQs) 842, 843, 844, 845, 846, and 847. FAQ 845 provides a 45-day wind-down period for non-U.S. persons engaged in previously non-sanctionable activity involving the Iranian financial sector or Iranian financial institutions that are now sanctioned pursuant to E.O. 13902. Finally, OFAC has updated the following names on the List of Speci.
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today announced a settlement with Generali Global Assistance, Inc. (GGA), a New York-incorporated travel assistance services company. GGA agreed to remit $5,864,860 to settle its potential civil liability for 2,593 apparent violations of the Cuban Assets Control Regulations. GGA intentionally referred the Cuba-related payments to its Canadian affiliate, thereby avoiding processing reimbursement payments directly to Cuban parties and to travelers while they were located in Cuba. GGA then subsequently reimbursed its Canadian affiliate for those payments. GGA formally codified this indirect payment process in its procedures manual. OFAC determined that the case was v.
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is issuing an advisory to alert companies that engage with victims of ransomware attacks of the potential sanctions risks for facilitating ransomware payments. This advisory highlights OFAC’s designations of malicious cyber actors and those who facilitate ransomware transactions under its cyber-related sanctions program. It identifies U.S. government resources for reporting ransomware attacks and provides information on the factors OFAC generally considers when determining an appropriate enforcement response to an apparent violation, such as the existence, nature, and adequacy of a sanctions compliance program. The advisory also encourages financial institutions a.
The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is adding regulations to implement Executive Order 13928 of June 11, 2020 ("Blocking Property of Certain Persons Associated With the International Criminal Court"). In addition, OFAC is amending the Weapons of Mass Destruction Proliferators Sanctions Regulations and Iranian Transactions and Sanctions Regulations.
The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is issuing Syria General License 20, “Authorizing Transactions and Activities Necessary for Wind Down of Transactions with Emma Tel LLC.” OFAC is also issuing a new Frequently Asked Question. In addition, OFAC has updated its Specially Designated Nationals and Blocked Persons List:
OFAC has issued Global Magnisky General License 2A and an updated frequently asked question related to the general license. In addition, OFAC has published a new frequently asked question related to the Government of the Hong Kong Special Administrative Region.
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today announced a $473,157 settlement with Keysight Technologies Inc. ("Keysight"), a company based in Santa Rosa, California, as successor entity to Anite Finland OY ("Anite"), based in Finland, which designs and sells test and measurement equipment, as well as related software products, to the wireless industry.

Financial Services

Business Issues

Companies - Public

Companies - Venture Funded

Financial Results

Global Markets

Global Risk Factors

Government Agencies

Information Technologies

Job Titles

Legal and Regulatory

Political Entities

Sources

Strategic Scenarios

Trends

Hints:

  • Actions
    • Bookmark and Share: Allows you to Bookmark the page for easy future retrieval and sharing with colleagues
    • Email: Opens a pop-up window where you can write a message to the recipient of the email
    • Copy URL: Copies the URL of the requested document for pasting in an email or other document
    • Previous Versions: Only shown if essentially the same document has been republished
  • Saved Searches and Alerts
    • Save your search for later viewing & updates by clicking the blue "Save" button to the right of the search box. 

Click here for more info on Search Results.