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

Russian Apple users found their iCloud and App Store accounts abruptly frozen as tightened Western sanctions forced the tech ...

Gold Reserve Ltd. ("Gold Reserve" or the "Company") (TSX-V: GRZ, BSX: GRZ.BH, OTCQX: GDRZF) today noted the issuance by the U.S. Department of the Treasury’s Office of Foreign Assets Control ("OFAC") ...

Experts say regulators will be looking more closely at know-your-customer compliance in the wake of U.S. strikes on Iran.

First, counterparty risk is significant. A company may unknowingly transact with a sanctioned individual through complex ...

In the weeks since U.S. special forces’ capture of Nicolás Maduro, the Trump Administration has worked to bring Venezuela’s energy industry back online, including through the issuance of various ...

The Department of Justice is pushing its commitment to voluntary disclosure programs. Companies, however, are not lining up at DOJ’s door. The balance between sitting tight or voluntary disclosures ...

The U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) recently issued updated guidance on standards and requirements for document production submissions. This guidance is a ...

The U.S. Office of Foreign Assets Control (OFAC) has issued an open-ended license for operations with Rosneft's German subsidiaries, the OFAC said in a statement. The previous license, issued at the ...

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

A real estate executive reached a $3.77 million settlement with the Office of Foreign Assets Control after OFAC accused them of violating U.S. sanctions against Syria. The person -- which committed ...