• Deanna Clark-Esposito

OFAC Updates Week 9/7/20


September 8, 2020

The Office of Foreign Assets Control (OFAC) has updated their Specially Designated Nationals and Blocked Persons (SDN) List with counter-terrorism designations from Lebanon as well as a single Venezuela-related designation.

See the SDN List Below:

https://bit.ly/TreasurySDNList


September 9, 2020

OFAC and the Deutsche Bank Trust Company Americas (DBTCA) have agreed to two settlements totaling $583,100 after DBTCA was found to have violated Ukraine-related sanctions regulations. DBTCA failed to properly screen their transactions which led to the facilitation of 61 payments related to a designated oil company in Cyprus.

See the Web Notice Below:

http://bit.ly/DBTCASanctionsViolations


September 10, 2020

OFAC has updated their SDN List with Russian designations related to foreign-based cyber interference in U.S. elections.


See the SDN List Below:

https://bit.ly/TreasurySDNList


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