OFAC Recent Actions

OFAC Removes 4 Individuals and 2 Entities from SDN List

The Office of Foreign Assets Control (OFAC) has removed four individuals and two entities from its Specially Designated Nationals (SDN) List. These removals are related to Russia sanctions programs. The specific details of the individuals and entities, including aliases and identifying information, are provided in the notice.

OFAC Issues Venezuela General License 52 and FAQs

The Office of Foreign Assets Control (OFAC) has issued Venezuela-related General License 52, authorizing certain transactions involving Petróleos de Venezuela, S.A. OFAC also released two new Frequently Asked Questions (FAQs) related to Venezuela sanctions.

OFAC Settlement with TradeStation Securities, Inc.

The Office of Foreign Assets Control (OFAC) announced a settlement with TradeStation Securities, Inc. for $1,110,661 to resolve 481 apparent sanctions violations related to services provided to individuals in Iran, Syria, and Crimea. The settlement reflects the non-egregious nature of the violations and voluntary self-disclosure.

OFAC Issues Venezuela General Licenses 46B, 48A, 49A and Amends FAQs

The Office of Foreign Assets Control (OFAC) has issued updated Venezuela-related General Licenses 46B, 48A, and 49A, authorizing specific activities related to Venezuelan oil, petrochemicals, and investment negotiations. OFAC also amended two related Frequently Asked Questions.

OFAC SDN List Update: Removals and Additions

The US Treasury Department's Office of Foreign Assets Control (OFAC) has updated the Specially Designated Nationals (SDN) List. This action involves the removal of certain individuals and entities previously designated, as well as the addition of new ones, related to cyber activities. Specific details on the designations and removals are provided.

OFAC Issues Russia-related General License 134 on Crude Oil

The Department of the Treasury's Office of Foreign Assets Control (OFAC) has issued Russia-related General License 134, authorizing the delivery and sale of crude oil and petroleum products of Russian Federation origin loaded on vessels as of March 12, 2026. This license provides specific exceptions to sanctions for certain oil transactions.

OFAC Venezuela-Related General License 51

The Office of Foreign Assets Control (OFAC) has issued Venezuela-related General License 51, authorizing certain activities involving Venezuelan-origin gold. This license provides specific exemptions to sanctions regulations for authorized transactions.

OFAC Issues Russia Oil License and Amends Venezuela Oil FAQ

The US Department of the Treasury's OFAC has issued Russia-related General License 133, authorizing the delivery and sale of Russian crude oil loaded on vessels as of March 5, 2026, to India. OFAC also amended a Venezuela-related FAQ concerning the resale of Venezuelan oil to Cuba.

OFAC Venezuela Removals and Russia General License Update

The Office of Foreign Assets Control (OFAC) has removed certain entities and vessels from the Specially Designated Nationals (SDN) List related to Venezuela. Additionally, OFAC issued an amended Russia-related General License 129A, authorizing certain transactions involving Rosneft Deutschland GmbH and RN Refining & Marketing GmbH.

OFAC Settles Syrian Sanctions Violations for $3,777,000

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) announced an individual settled potential civil liability for $3,777,000 related to apparent violations of Syrian sanctions. The violations involved providing managerial services to Syrian real estate companies between January 2018 and December 2021.