Colombia is seeking a US OFAC licence for Ecopetrol ventures in Venezuela, including electricity projects, natural gas development and a possible pipeline reopening.

The through-line in OFAC's 2025 enforcement priorities isn't a single country or industry — it's the expectation that ...

U.S. Treasury sanctions Rwanda's military and four officials for supporting the M23 Movement's human rights abuses in Congo.

The U.S. Treasury Department issued a new Russia-related general license allowing certain transactions tied to Russian oil shipments already en route to India. This move comes after oil prices spiked ...

The Office of Foreign Assets Control (OFAC) has imposed sanctions on a crypto network connected to an overseas IT worker ...

OFAC sanctioned six individuals and two entities tied to North Korea's $800M crypto-funded IT worker fraud scheme supporting DPRK weapons programs in March 2026.

The US Treasury has sanctioned six people and two entities for their alleged roles in an IT worker fraud scheme orchestrated ...

TRM Labs noted that in a move intended to effectively curb illicit funding for North Korea's weapons programs, OFAC has imposed sanctions.

Sanctions can change in the future, but leaders must stay compliant with the laws as they are currently written.

OFAC sanctions target six individuals tied to a DPRK IT worker scheme that generated nearly $800M in 2024 revenue. Treasury ...

The Office of Foreign Assets Control (OFAC) has oversight of financial transactions involving U.S. and foreign entities. It exercises this authority in several ways, including (i) through the ...

The Treasury Department’s Office of Foreign Asset Control is an enforcement agency – it is not a regulatory agency. That sounds like a lot of bureaucratic speak but it does have some real significance ...