News & Analysis as of

Federal Reserve Bank of England Office of Foreign Assets Control (OFAC)

Paul Hastings LLP

Daily Financial Regulation Update -- Saturday, January 13 2024

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January 12, 2024- The Bank Policy Institute, Financial Services Forum, Securities Industry and Financial Markets Association, and U.S. Chamber of Commerce submitted a joint letter to the Board of Governors of the Federal...more

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Daily Financial Regulation Update -- Wednesday, November 22, 2023

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November 21, 2023- The U.S. Department of the Treasury, through the Financial Crimes Enforcement Network (FinCEN), the Office of Foreign Assets Control (OFAC), and IRS Criminal Investigation (CI), has settled with Binance...more

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Daily Financial Regulation Update -- Thursday, July 27, 2023

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July 26, 2023- The Department of Justice, Department of Commerce's Bureau of Industry and Security (BIS), and the Department of the Treasury's Office of Foreign Assets Control (OFAC) issued a joint compliance note focusing...more

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Daily Financial Regulation Update -- Tuesday, November 15, 2022

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November 14, 2022- The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC), alongside the U.S. Department of State, sanctioned a transnational network procuring technology that supports the Russian...more

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Daily Financial Regulation Update -- Thursday, October 27, 2022

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October 26, 2022- The U.S. Department of the Treasury's Office of Foreign Assets Control took action to counter the Government of the Russian Federation's persistent influence campaigns and systemic corruption in Moldova by...more

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Daily Financial Regulation Update -- Thursday, October 20, 2022

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October 19, 2022- The U.S. Department of the Treasury's Office of Foreign Assets Control, in coordination with the U.S. Department of Justice and the Federal Bureau of Investigation, designated a Russian network that...more

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Daily Financial Regulation Update -- Saturday, October 15, 2022

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October 14, 2022- Top officials representing ministries of finance and other government agencies from 33 countries met at the U.S. Department of the Treasury to discuss the effects of international sanctions and export...more

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Daily Financial Regulation Update -- Saturday, October 1, 2022

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September 30, 2022- The U.S. Department of the Treasury's Office of Foreign Assets Control designated 14 persons in Russia's military-industrial complex, including two international suppliers, three key leaders of Russia's...more

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Daily Financial Regulation Update -- Saturday, September 3, 2022

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September 2, 2022- The U.S Department of the Treasury Office of Foreign Assets Control issued updates regarding G7 Finance Ministers statement confirming their joint intention to implement a price cap with respect to...more

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Daily Financial Regulation Update -- Friday, July 1, 2022

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June 30, 2022- The Task Force on Financial Technology held a hearing entitled, "Combatting Tech Bro Culture: Understanding Obstacles to Investments in Diverse-Owned Fintechs."...more

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Daily Financial Regulation Update -- Wednesday, June 29, 2022

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Congress- U.S. House of Representatives- Committee on Financial Services- Hearing: Where Have All the Houses Gone? Private Equity, Single Family Rentals, and America's Neighborhoods-...more

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