OFAC
org_government
OFAC, or the U.S. Department of the Treasury's Office of Foreign Assets Control, is a government agency responsible for administering and enforcing economic sanctions. It has imposed sanctions on numerous entities, including Russian companies like Lukoil and its subsidiaries, as well as Indian legal entities and individuals for allegedly facilitating evasion of sanctions. OFAC also issues licenses that permit certain transactions under strict conditions, such as those involving NIS, a company engaged in oil exploration and production. The agency plays a key role in monitoring foreign assets a…
Recent coverage
- Russian company 'Avratek' added to US sanctions — Интерфакс
- US imposes sanctions on two Russians in fight against terrorism — Вести
- US imposes sanctions against Central Bank of Iran crypto wallets — Ведомости
- Domain t.me blocked due to US Treasury sanctions. Likely a mistake — restrictions were imposed against a specific VPN service — Meduza
- Iran calls US revocation of license to sell Iranian oil a breach of memorandum — Вести
- US Lifts Anti-Russian Sanctions on Four Indian Companies — Коммерсантъ
- US Treasury extends license for Serbian NIS by 30 days — Коммерсантъ
- US Treasury extends NIS operating license until July 31 — Ведомости
- US excludes five companies and two Turkish citizens from anti-Russian sanctions — Ведомости
- US Allows Financial Operations to Aid Venezuela Following Earthquake — Коммерсантъ
- US Treasury temporarily allows Venezuela transactions amid earthquake — Вести
- US lifts sanctions on Russian top executives. Who else has been removed from blacklists? — Фонтанка
- US Removes Sanctions from Two Russian Cargo Ships — Интерфакс
- US issued temporary license for operations with Iranian oil — Фонтанка
- OFAC authorized transactions with Venezuelan airline Conviasa and PDVSA bonds — Ведомости
- US extends NIS operational license by 15 days — Ведомости
- OFAC extends operating license for Serbian NIS until July 1 — Интерфакс
- Vucic Expects MOL and 'Gazprom Neft' to Receive Another 15 Days for Negotiations on NIS Deal — Интерфакс
- OFAC extends license for nuclear industry transactions with Russian banks — Ведомости