The Treasury Department's Office of Foreign Assets Control (OFAC) administers and enforces economic sanctions imposed by the United States against foreign countries. Depending on the country, OFAC ...

The ITAR, EAR, and OFAC regulations all stipulate recordkeeping requirements for controlled export activities. Under each of these sets of regulations, records must be retained for five years after ...

OFAC claims that Aiotec’s actions were deliberate and violated the Iranian Transactions and Sanctions Regulations (ITSR). This case is another example of how U.S. sanctions laws reach beyond ...

S. Department of Treasury Office of Foreign Assets Control) Regulations applicable to University activities, and (ii) to develop and maintain an EC Compliance program to enable Purdue Associates to ...

US District Court for Western District Court of Texas overturned sanctions imposed on Tornado Cash by Treasury’s Office of ...

OFAC means what it says — in more ways than one.  In a precedent setting case, OFAC brought its first enforcement action against an individual ...

OFAC amended GL 1A to GL 1B ... otherwise prohibited by the RuHSR, or other U.S. regulations or executive orders; or Transactions involving any blocked persons not explicitly covered by this ...

US court overturns OFAC sanctions on Tornado Cash crypto mixer, marking potential shift in privacy-focused tech regulations.

In late March, the company announced that it would be launching the first North American Bitcoin mining pool fully compliant with U.S. regulations, including anti-money laundering (AML) and Office of ...