Tag: Office of Foreign Assets Control

In late February 2026, a prominent US educational institution agreed to pay $1.72m to the US Treasury to settle allegations that it processed tuition...

Sanctions failures rarely start with a suspicious transaction. More often, the damage is done at onboarding, when a weak rule, a missed alias, or...

The Bureau of Industry and Security (BIS) and the Office of Foreign Assets Control (OFAC) both apply a 50% ownership threshold to determine regulatory...

Moody’s has released new research mapping the global landscape of sanctions regimes, offering insights into how governments and organisations deploy these measures and how...

Sanctions are essential mechanisms employed by countries and international bodies to support national security, uphold human rights, and combat illegal activities such as terrorism, drug trafficking, and international crimes.

The landscape of financial crime compliance is rapidly transforming. Amidst political upheavals and technological advancements, the cost of compliance has become an integral part...

In 2023, the global regulatory landscape unveiled a startling revelation as fines imposed by authorities exceeded a colossal $10.5bn. This figure not only reflects the stringent enforcement actions but also spotlights the emerging areas of regulatory scrutiny.

In recent years, United States financial regulators have established themselves as global leaders in enforcement. In 2022, they imposed $3bn in fines, nearly three...