The U.S. Department of the Treasury's (Treasury) Financial Crimes Enforcement Network (FinCEN), published the FinCEN Advisory on the Iranian Regime's Illicit Oil Smuggling Activities, Shadow Banking Networks, and Weapons...more
6/18/2025
/ Anti-Money Laundering ,
Bank Secrecy Act ,
Due Diligence ,
Economic Sanctions ,
Evasion ,
FinCEN ,
Iran ,
Iran Sanctions ,
Money Laundering ,
Office of Foreign Assets Control (OFAC) ,
Shadow Banking ,
Suspicious Activity Reports (SARs) ,
U.S. Treasury
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) on May 23, 2025, announced a significant relaxation of the comprehensive economic sanctions imposed on Syria through the issuance of General...more
5/29/2025
/ Economic Sanctions ,
Executive Orders ,
Financial Institutions ,
General Licenses ,
Office of Foreign Assets Control (OFAC) ,
Oil & Gas ,
Risk Management ,
Syria ,
Terrorist Organizations ,
Trump Administration ,
U.S. Treasury
During an investment forum in Riyadh, Saudi Arabia, on May 13, 2025, President Donald Trump announced his intent to lift sanctions on Syria, stating that sanctions relief will "give them a chance at greatness."...more
5/19/2025
/ Donald Trump ,
Economic Sanctions ,
Embargo ,
Executive Orders ,
Export Administration Regulations (EAR) ,
Exports ,
Foreign Policy ,
International Trade ,
Office of Foreign Assets Control (OFAC) ,
Saudi Arabia ,
Syria ,
US Trade Policies