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.
Venezuela-related Designation Removal
Recent Actions Body Specially Designated Nationals List UpdatesThe following deletions have been made to OFAC's SDN List:RODRIGUEZ GOMEZ, Delcy Eloina (a.k.a....
Counter Narcotics Designations Removals; Russia-related Designations Removals
RODRIGUEZ OLIVERA, Luis (a.k.a. MORFAN RODRIGUEZ, Luis Fernando; a.k.a. RODRIGUEZ MORFIN, Luis; a.k.a. RODRIGUEZ OLIVERA, Luis Fernando), Plaza Pabellion, Zapopan, Jalisco, Mexico; Colonia Providencia, Calle Quebec,...
Issuance of Amended Russia-related General License; Publication of Amended Russia-related Frequently Asked Questions
Recent Actions Body The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing amended Russia-related General License 131D, "Authorizing...
Global Magnitsky Designations Removals; Russia-related Designations Removals
PORTNOV, Andriy Volodymyrovych (Cyrillic: ПОРТНОВ, Андрій Володимирович) (a.k.a. PORTNOV, Andrij Volodymyrovych; a.k.a. PORTNOV, Andriy), Ukraine; DOB 27 Oct 1973; POB Luhansk, Ukraine; nationality Ukraine; Gender Male;...
Belarus Designations Removals; Issuance of Belarus General License; Rescission of Belarus Directive 1
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Belarus General License 14, "Authorizing Transactions Involving Belarussian Bank of Development and Reconstruction Belinvestbank Joint...
Issuance of Venezuela-related General License
An official website of the United States government U.S. Department of the Treasury ...
Counter Terrorism Designations; Counter Narcotics and Russia-related Designations Removals
Specially Designated Nationals List UpdateThe following individuals have been added to OFAC's SDN List:AL LAKIS, Hamdan Ali, Kab Elias Main Road, Yaktine Building, 5th Floor, Kab Elias, Bekaa 009618, Lebanon; DOB 17 Jun...
Issuance of Amended Venezuela-related General License and Frequently Asked Question
Recent Actions Body The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Venezuela-related General License 5V, "Authorizing Certain...
Settlement Agreement between the U.S. Department of the Treasury's Office of Foreign Assets Control and TradeStation Securities, Inc.
Recent Actions Body The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) today announced that TradeStation Securities, Inc. has agreed to pay...
Issuance of Venezuela-related General License and Frequently Asked Questions
Recent Actions Body The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Venezuela-related General License 52, "Authorizing Certain...
Cyber-related Designations Removals
Recent Actions Body SPECIALLY DESIGNATED NATIONALS LIST UPDATEThe following deletions have been made to OFAC's SDN List:KOVALEVSKIJ, Nikita Gennadievitch (a.k.a....
Counter Terrorism Designations; North Korea Designations and Designation Update; Counter Narcotics Designation Removal
Specially Designated Nationals List UpdateThe following individuals have been added to OFAC's SDN List:CELESTINO HERRERA, York Louis, Barcelona, Spain; DOB 07 Nov 1996; POB La Vega, Dominican Republic; nationality...
Counter Terrorism Designations; Sudan-related Designation Update
Press Release Link Recent Actions Body Specially Designated Nationals List UpdateThe following entity has been added to OFAC's SDN List:SUDANESE MUSLIM...
Russia-related Designation Removal
Recent Actions Body SPECIALLY DESIGNATED NATIONALS LIST UPDATEThe following deletions have been made to OFAC's SDN List:GLOBE TREKKERS LLC, Salah Al Din Street 131,...
Venezuela-related Designations Removals; Issuance of Amended Russia-related General License
Recent Actions Body The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Russia-related General License 129A, "Authorizing Transactions...
Issuance of Venezuela-related Frequently Asked Questions
Democratic Republic of the Congo-related Designations; Issuance of Associated General License
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing DRC-related General License 1, "Authorizing the Wind Down of Transactions Involving the Rwanda Defence Force."Additionally, OFAC has...
Russia-related Designations Removals; Lebanon Designation Removal
Recent Actions Body SPECIALLY DESIGNATED NATIONALS LIST UPDATEThe following deletions have been made to OFAC's SDN List:KHOURY, Dany (Arabic: داني خوري), Lebanon; DOB...
Nicaragua-related Designations; Issuance of Amended Russia-related General License and Associated Frequently Asked Questions
Press Release Link Recent Actions Body The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Russia-related General License...
Iran-related Designations; Non-Proliferation Designations
ABEDINI, Mohammad, Iran; DOB 27 Aug 1995; nationality Iran; Additional Sanctions Information - Subject to Secondary Sanctions; Gender Male; Passport T54523589 (Iran); National ID No. 5100152982 (Iran) (individual)...