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.
North Korea and Non-Proliferation Designations; Burma-related and North Korea Designation Removals
JO, Kyong Hun (Hangul: 조경훈) (a.k.a. CHO, Kyo'ng-hun), Korea, North; DOB 19 Jun 1990; POB Pyongyang, North Korea; nationality Korea, North; Gender Male; Secondary sanctions risk: North Korea Sanctions Regulations,...
Counter Terrorism Designations
Specially Designated Nationals List UpdateThe following individuals have been added to OFAC's SDN List:AL WAZIR, Yahya Mohammed Mohammed, Yemen; DOB 17 May 1981; POB Al-Amanah, Yemen; nationality Yemen; Gender Male;...
Settlement Agreement between the U.S. Department of the Treasury's Office of Foreign Assets Control and Interactive Brokers LLC
Recent Actions Body The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today announced an $11,832,136 settlement with Interactive Brokers...
Counter Terrorism Designations and Designation Update; Transnational Criminal Organizations Designations
Specially Designated Nationals List UpdateThe following individuals have been added to OFAC's SDN List:CASTILLO RONDON, Felix Anner (a.k.a. "Arnel"; a.k.a. "Pure Arnel"), Peru; Venezuela; DOB 12 Jan 1984; nationality...
Settlement Agreement between the U.S. Department of the Treasury's Office of Foreign Assets Control and Key Holding, LLC
Recent Actions Body The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) today announced a $608,825 settlement with Key Holding, LLC. Key...
Issuance of Amended Venezuela-related General License
An official website of the United States government U.S. Department of the Treasury ...
Counter Terrorism, Iran-related Designations and Designations Removals; Iraq-related Designation Removals
Specially Designated Nationals List UpdateThe following entities have been added to OFAC's SDN List:AMITO TRADING LIMITED (Chinese Traditional: 奧邁拓貿易有限公司), Rm 4, 16/F, Ho King Comm Ctr 2-16 Fayuen St, Kowloon, Hong...
Issuance of Amended Russia-related General License; Publication of Updated Russia-related Frequently Asked Questions
Recent Actions Body The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Russia-related General License 13N, "Authorizing Certain...
Counter Terrorism Designations; Iran-related Designations; Counter Narcotics Designations Removals
Specially Designated Nationals List UpdateThe following individuals have been added to OFAC's SDN List:BADIR, Mohammed Suleiman (Arabic: محمد سليمان بدير) (a.k.a. BDEIR, Mohamad Sleiman; a.k.a. BEDAIR, Muhammad),...
Cyber-related Designations; CAATSA - Russia-related Designations; Russia-related Designation Update and Removal
Specially Designated Nationals List UpdateThe following individuals have been added to OFAC's SDN List:BOZOYAN, Yurii Meruzhanovich, St. Petersburg, Russia; DOB 30 Jan 1992; nationality Russia; Gender Male; Secondary...
Revocation of Syria Sanctions; Publication of Syria Frequently Asked Questions; Syria and Syria-related Designation Updates and Removals
On June 30, the President issued an Executive Order "Providing for the Revocation of Syria Sanctions" that removes U.S. sanctions on Syria, effective July 1, 2025. To implement the President's action, the U.S....
Non-Proliferation and Iran-related Designations
Recent Actions Body Specially Designated Nationals List UpdateThe following individuals have been added to OFAC's SDN List:SABER, Sayyed Mohammad Reza Seddighi, Iran;...
Iran-related Designations
AGARWAL, Ketan (a.k.a. AGARWAL, Ketan Rajendra), Mumbai, Maharashtra, India; DOB 01 Jan 1978; POB Mumbai, Maharashtra, India; nationality India; Gender Male; Passport Z4487188 (India) expires 25 Sep 2027; Seafarer's...
Burma-related Designations; Transnational Criminal Organization Designations
Press Release Link Recent Actions Body Specially Designated Nationals List UpdateThe following individuals have been added to OFAC's SDN List:CHIT, Saw Chit,...
Counter Terrorism Designations
Press Release Link Recent Actions Body Specially Designated Nationals List UpdateThe following entities have been added to OFAC's SDN List:GRAN GRIF (a.k.a....
Iran-related Designations
Iran-related Designations Recent Actions Body Specially Designated Nationals List UpdateThe following entities have been added to OFAC's SDN...
Counter Narcotics Designations; Counter Terrorism Designations
Specially Designated Nationals List UpdateThe following individuals have been added to OFAC's SDN List:MORFIN MORFIN, Alvaro Noe, Tamaulipas, Mexico; DOB 20 Dec 1978; POB Jalisco, Mexico; nationality Mexico; Gender...
Iran-related Designations
Specially Designated Nationals List UpdateThe following individuals have been added to OFAC's SDN List:ASGARI, Mohammad, Iran; DOB 03 Jul 1979; nationality Iran; Additional Sanctions Information - Subject to Secondary...
Counter Terrorism Designations and Designation Update; Iran-related Designation Update
Specially Designated Nationals List UpdateThe following entities have been added to OFAC's SDN List:BAGSAK SHIPPING INC, Mauritius; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by...
Iran-related Designations
Specially Designated Nationals List UpdateThe following individuals have been added to OFAC's SDN List:EMAMJOMEH, Meisam (Arabic: میثم امام جمعه) (a.k.a. EMAMJOME, Meisam), United Arab Emirates; DOB 14 Feb 1980; POB...