US Office of Foreign Assets Control (OFAC) Archives

23-11-22 / by Jacob Atkins

The workings of the price cap on Russian oil by the G7, European Union and...

16-11-22 / by Jacob Atkins

The UK government has outlined how it expects commodities houses, trade finance banks and insurers...

07-11-22 / by Jacob Atkins

Singapore’s High Court has sided with JP Morgan after the bank was sued for refusing...

26-10-22 / by Jacob Atkins

The US government has signalled stricter enforcement of its anti-boycott rules, a relatively overlooked area...

14-09-22 / by Jacob Atkins

The US Treasury has provided the first details on how trade finance banks will be...

31-05-22 / by Jacob Atkins

The writing was on the wall for the Amsterdam Trade Bank (ATB) when, after being...

09-03-22 / by Jacob Atkins

Banks and trading companies are increasingly engaging in “self-sanctioning” against Russian entities in the shipping...

12-01-22 / by John Basquill

Illicit actors are turning to new techniques to evade sanctions on maritime trade, with industry...

01-12-21 / by Jacob Atkins

Banks may struggle to detect fraud and comply with sanctions regulations, risking heavy fines and...

10-09-21 / by John Basquill

Criminals are fraudulently obtaining vessel registration numbers to evade sanctions on maritime trade, researchers say,...

US Office of Foreign Assets Control (OFAC)