OFAC Publishes Introductory Guide

OFAC Publishes Introductory Guide on US Sanctions

The Office of Foreign Assets Control published a new guide this week about how OFAC and U.S. sanctions work, how to comply with them, how to request a license, how parties can be removed from a sanctions list, and how...

OFAC Publishes Introductory Guide

On June 1, 2026, the Office of Foreign Assets Control (OFAC), an office of the Department of Treasury, published an “Introduction to the Office of Foreign Assets Control.” OFAC administers and enforces economic sanctions against targeted foreign jurisdictions and regimes, as well as individuals and entities engaging in harmful activity, such as terrorists, international narcotics traffickers, weapons of mass destruction proliferators, and others…