On July 15, 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) announced a settlement agreement with Interactive Brokers LLC (“Interactive Brokers”) violations of multiple U.S. sanctions...more
7/21/2025
/ Crimea ,
Cuba ,
Due Diligence ,
Economic Sanctions ,
Enforcement Actions ,
Financial Institutions ,
Financial Services Industry ,
Internal Controls ,
Iran ,
Office of Foreign Assets Control (OFAC) ,
Risk Management ,
Sanction Violations ,
SDN List ,
Settlement Agreements ,
Syria ,
White Collar Crimes
President Trump continued his flurry of sanctions actions with the recent revocation of the Syrian sanctions program. On June 30, 2025, President Donald Trump issued Executive Order (“EO”) 14312 “Providing for the Revocation...more
7/10/2025
/ Caesar Act ,
Due Diligence ,
Economic Sanctions ,
Executive Orders ,
Export Administration Regulations (EAR) ,
Export Controls ,
Financial Services Industry ,
Foreign Policy ,
Foreign Relations ,
Foreign Trade Regulations ,
General Licenses ,
Goods or Services ,
Investment ,
National Security ,
Office of Foreign Assets Control (OFAC) ,
Risk Management ,
SDN List ,
Syria ,
Terrorist Financing Regulations ,
Trump Administration