Compliance News

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Counter Terrorism Designations

Specially Designated Nationals List UpdateThe following individual has been added to OFAC's SDN List:TAQQOSH, Muhammad Fawzi (Arabic: محمد فوزي طقوش) (a.k.a. TAKKOUSH,...
OFACPosted: Jan 21, 2026

Counter Terrorism Designations and Designation Update

Specially Designated Nationals List UpdateThe following individuals have been added to OFAC's SDN List:ADRISS, Ahmad (Arabic: أحمد إدريس), Syria; DOB 05 Jan 1986; POB Tartous, Syria; nationality Syria; Gender Male; Secondary sanctions risk: section...
OFACPosted: Jan 16, 2026

Iran-related Designations

ABBASPOUR QOMI, Bashir (a.k.a. ABBASPOUR GHOMI, Bashir), Tehran, Iran; DOB 25 Nov 1965; POB Babol, Iran; nationality Iran; Additional Sanctions Information - Subject to Secondary Sanctions; Gender Male; National ID No. 2061931111 (Iran) (individual)...
OFACPosted: Jan 15, 2026

Treasury, IRS issue guidance on the additional first year depreciation deduction amended as part of the One, Big, Beautiful Bill

Treasury, IRS issue guidance on the additional first year depreciation deduction amended as part of the One, Big, Beautiful Bill IR-2026-06, Jan. 14, 2026 WASHINGTON — The Department of the Treasury and the...
IRSPosted: Jan 14, 2026

Issuance of Amended Russia-related General License; Publication of Amended Russia-related Frequently Asked Questions

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Russia-related General License 131B, "Authorizing Certain Transactions for the Negotiation of and Entry Into...
OFACPosted: Jan 14, 2026

Treasury, IRS issue proposed regulations reflecting changes from the One, Big, Beautiful Bill to the threshold for backup withholding on certain payments made through third parties

Treasury, IRS issue proposed regulations reflecting changes from the One, Big, Beautiful Bill to the threshold for backup withholding on certain payments made through third partiesIR-2026-03, Jan. 08,...
IRSPosted: Jan 08, 2026

Russia-related Designation Update and Designation Removal

Specially Designated Nationals List UpdateThe following deletions have been made to OFAC's SDN List:KAMPERI, Kyriaki Demetriou (Greek: ΚΑΜΠΕΡΗ, Κυριακη Δημητριου) (a.k.a. KAMPERI, Koulla Demetriou; a.k.a. KAMPERI, Kyriakou Demetriou), 35 Grosvenor...
OFACPosted: Jan 08, 2026

Counter Terrorism Designation Update

Specially Designated Nationals List UpdateThe following changes have been made to OFAC's SDN List:CLAN DEL GOLFO (a.k.a. BANDA CRIMINAL DE URABA; a.k.a. CLAN USUGA; a.k.a....
OFACPosted: Jan 05, 2026

Transnational Criminal Organizations Designations; Issuance of Amended Russia-related General Licenses; Publication of Updated Russia-related Frequently Asked Questions

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Russia-related General License 55E, "Authorizing Certain Services Related to Sakhalin-2;"...
OFACPosted: Jan 05, 2026

Venezuela-related Designations

Venezuela-related Designations Specially Designated Nationals List UpdateThe following entities have been added to OFAC's SDN...
OFACPosted: Jan 05, 2026
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