Compliance News
Regulatory and enforcement updates that affect vendor validation and 1099 reporting — IRS notices and OFAC sanctions actions, collected here as they are published so your team doesn't have to watch several feeds. Every item links back to the original announcement.
Counter Terrorism Designations; Iran-related Designations
ABU RAS, Marwan Muhammad Ayish (a.k.a. ABU-RAS, Marwan Mohammed Ayesh), Gaza; DOB 12 Jul 1958; POB Gaza; nationality Palestinian; Gender Male; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended...
Notice with Regard to International Criminal Court-related Sanctions
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Counter Terrorism Designations; Iran-related Designations
GHEHI, Mohammadreza Ashrafi (a.k.a. GHAHI, Mohammadreza Ashrafi), Iran; DOB 13 Dec 1978; nationality Iran; Additional Sanctions Information - Subject to Secondary Sanctions; Gender Male; Secondary sanctions risk:...
Counter Terrorism and Counter Narcotics Designation Update, Russia-related Designation Removal
Recent Actions Body The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has updated the identifiers for a Mexican timeshare resort engaged in...
Counter Terrorism and Iran-related Designations; Cuba Designation and Designations Updates; Issuance of Cuba-related General License and Frequently Asked Questions
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Cuba General License 1, "Transactions Authorized Pursuant to the Cuban Assets Control Regulations."Additionally, OFAC is issuing six...
Issuance of Venezuela-related General License
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Issuance of Venezuela-related General License and Amended Frequently Asked Question
Recent Actions Body The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Venezuela-related General License 5W, "Authorizing Certain...
Democratic Republic of the Congo-related Designation
Press Release Link Recent Actions Body Specially Designated Nationals List UpdateThe following individual has been added to OFAC's SDN List:KABILA, Joseph...
Iran-related Designations; Issuance of Iran-related General License and Frequently Asked Question; Publication of Iran-related OFAC Alert
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Iran-related General License W, "Authorizing the Wind Down of Transactions Involving Certain Persons Blocked on May 1,...
Issuance of Amended Russia-related General License and Frequently Asked Questions
Recent Actions Body The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Russia-related General License 131E, "Authorizing Certain...
Counter Terrorism Designation; Iran-related Designations; Issuance of Frequently Asked Question; Publication of Iran-related OFAC Alert
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing one Iran-related Frequently Asked Question, FAQ 1249.Additionally, OFAC is publishing a new Iran-related Alert, "Sanctions Risk...
Iran-related Designations; Counter Terrorism and Iran-related Designation Update; Issuance of Iran-related General License
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Iran-related General License V, "Authorizing the Wind Down of Transactions Involving Hengli Petrochemical (Dalian) Refinery Co.,...
Counter Terrorism, Counter Narcotics, and Cyber-related Designations; Issuance of Cyber-related General License
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Cyber-related General License 2, "Authorizing Certain Transactions Involving Anco Water Supply Co. Ltd. Related to the Treatment...
Counter Terrorism Designations; Non-Proliferation Designations
Specially Designated Nationals List UpdatesThe following individuals have been added to OFAC's SDN List:ATAEI AGHDAM, Gholam Abbas (a.k.a. AGHDAM, Gholamabbas Atayyi; a.k.a. AQDAM, Gholamabbas Atai), Iran; DOB 08 Jun...
Counter Terrorism Designations; Sudan Designations
Specially Designated Nationals List UpdatesThe following individuals have been added to OFAC's SDN List:AL RAMMAHI, Ammar Jasim Kadhim, Iraq; DOB 16 Aug 1976; nationality Iraq; Gender Male; Secondary sanctions risk:...
Nicaragua-related Designations; Issuance of Nicaragua-related General License
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Nicaragua-related General License 5, "Authorizing the Wind Down of Transactions Involving Exportadora de Metales Sociedad...
Iran-related Designations; Counter Terrorism Designations
Specially Designated Nationals List UpdatesThe following individuals have been added to OFAC's SDN List:BALHOTRA, Chetan Prakash, United Arab Emirates; DOB 26 Feb 1974; POB Delhi, India; nationality India; citizen...
Counter Narcotics, Counter Terrorism Designations; Issuance of Related General License; Issuance of Amended Russia-related General Licenses and Frequently Asked Question
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Counter Terrorism General License 35, "Authorizing the Wind Down of Transactions Involving Entities Blocked on April 14, 2026."OFAC is...
Issuance of Amended Russia-related General License and Frequently Asked Questions; Publication of Spanish Translations of Venezuela-related General Licenses and Frequently Asked Questions
Recent Actions Body The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Russia-related General License 13Q, "Authorizing Certain...
Russia-related Designation Removal
Recent Actions Body Specially Designated Nationals List UpdatesThe following deletions have been made to OFAC's SDN List:ZADORNOV, Mikhail Mikhaylovich (Cyrillic:...