Topic
ofac-sanctions
2 stories related to this topic, newest first.
corporatecomplianceinsights.comworld2 days agoSourced
US Sanctions Iranian Network That Defrauded American Firms for MODAFL
The Treasury Department’s OFAC designated 11 Iranian individuals and entities under Executive Order 13224 for operating a procurement network that impersonated and defrauded US companies to obtain restricted goods for Iran’s Ministry of Defense and Armed Forces Logistics. The act…
wealthmanagement.comworld2 hrs agoSourced
US Sanctions Nine Hezbollah-Linked Lebanese Officials for Blocking Disarmament
The Treasury Department’s OFAC designated nine Lebanese individuals tied to Hezbollah as Specially Designated Global Terrorists under Executive Order 13224. The action blocks their property and exposes any person or entity dealing with them to secondary sanctions under the Hizbal…