News & Analysis as of

Federal Reserve U.S. Treasury Office of Foreign Assets Control (OFAC)

Secretariat

Guardians of Finance Integrity, How the NY Fed’s Oversight in Iraq and Libya Could Hold a Blueprint for Post-Conflict...

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The Federal Reserve Bank of New York (FRBNY) has cemented its role as a global financial watchdog, using its influence to safeguard the integrity of the U.S. dollar and the broader international financial system. Recent...more

Paul Hastings LLP

Daily Financial Regulation Update -- Saturday, January 13 2024

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January 12, 2024- The Bank Policy Institute, Financial Services Forum, Securities Industry and Financial Markets Association, and U.S. Chamber of Commerce submitted a joint letter to the Board of Governors of the Federal...more

Davis Wright Tremaine LLP

Banking and Consumer Regulatory Digest - December 2023

Editor's Note - The following newsletter provides a roundup summarizing enforcement actions, guidance, rulemakings, and other public statements taken by a federal and/or state financial services regulatory agency,...more

Paul Hastings LLP

Daily Financial Regulation Update -- Wednesday, November 22, 2023

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November 21, 2023- The U.S. Department of the Treasury, through the Financial Crimes Enforcement Network (FinCEN), the Office of Foreign Assets Control (OFAC), and IRS Criminal Investigation (CI), has settled with Binance...more

Paul Hastings LLP

Daily Financial Regulation Update -- Wednesday, November 15, 2023

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November 14, 2023- The U.S. Senate Committee on Banking, Housing and Urban Affairs held a hearing entitled, "Oversight of Financial Regulators: Protecting Main Street Not Wall Street." The witnesses included: The Honorable...more

Davis Wright Tremaine LLP

Banking and Consumer Regulatory Digest - November 2023

The following newsletter provides a roundup summarizing enforcement actions, guidance, rulemakings, and other public statements taken by a federal and/or state financial services regulatory agency, specifically focusing on:...more

Akin Gump Strauss Hauer & Feld LLP

CryptoLink - August 2023 Updates

CryptoLink is a compilation of news stories published by outside organizations. Akin aggregates these stories, but the information contained in them does not necessarily represent the beliefs or opinions of the firm. Akin's...more

Paul Hastings LLP

Daily Financial Regulation Update -- Thursday, July 27, 2023

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July 26, 2023- The Department of Justice, Department of Commerce's Bureau of Industry and Security (BIS), and the Department of the Treasury's Office of Foreign Assets Control (OFAC) issued a joint compliance note focusing...more

Paul Hastings LLP

Daily Financial Regulation Update -- Wednesday, February 22, 2023

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February 21, 2023- Deputy Secretary of the Treasury Wally Adeyemo gave remarks on international sanctions against Russia. February 21, 2023- The U.S. Department of the Treasury Office of Foreign Assets Control issued...more

Paul Hastings LLP

Daily Financial Regulation Update -- Saturday, December 31, 2022

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December 30, 2022- The U.S. Department of the Treasury Office of Foreign Assets Control published preliminary guidance on the implementation of the price cap policy for petroleum products of Russian Federation origin....more

Paul Hastings LLP

Daily Financial Regulation Update -- Tuesday, November 15, 2022

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November 14, 2022- The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC), alongside the U.S. Department of State, sanctioned a transnational network procuring technology that supports the Russian...more

Paul Hastings LLP

Daily Financial Regulation Update -- Thursday, October 27, 2022

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October 26, 2022- The U.S. Department of the Treasury's Office of Foreign Assets Control took action to counter the Government of the Russian Federation's persistent influence campaigns and systemic corruption in Moldova by...more

Paul Hastings LLP

Daily Financial Regulation Update -- Thursday, October 20, 2022

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October 19, 2022- The U.S. Department of the Treasury's Office of Foreign Assets Control, in coordination with the U.S. Department of Justice and the Federal Bureau of Investigation, designated a Russian network that...more

Paul Hastings LLP

Daily Financial Regulation Update -- Saturday, October 15, 2022

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October 14, 2022- Top officials representing ministries of finance and other government agencies from 33 countries met at the U.S. Department of the Treasury to discuss the effects of international sanctions and export...more

Paul Hastings LLP

Daily Financial Regulation Update -- Saturday, October 1, 2022

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September 30, 2022- The U.S. Department of the Treasury's Office of Foreign Assets Control designated 14 persons in Russia's military-industrial complex, including two international suppliers, three key leaders of Russia's...more

Paul Hastings LLP

Daily Financial Regulation Update -- Saturday, September 10, 2022

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September 9, 2022- The U.S. Department of the Treasury's Office of Foreign Assets Control is designating Iran's Ministry of Intelligence and Security and its Minister of Intelligence for engaging in cyber-enabled...more

Paul Hastings LLP

Daily Financial Regulation Update -- Saturday, September 3, 2022

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September 2, 2022- The U.S Department of the Treasury Office of Foreign Assets Control issued updates regarding G7 Finance Ministers statement confirming their joint intention to implement a price cap with respect to...more

Paul Hastings LLP

Daily Financial Regulation Update -- Friday, July 1, 2022

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June 30, 2022- The Task Force on Financial Technology held a hearing entitled, "Combatting Tech Bro Culture: Understanding Obstacles to Investments in Diverse-Owned Fintechs."...more

Paul Hastings LLP

Daily Financial Regulation Update -- Wednesday, June 29, 2022

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Congress- U.S. House of Representatives- Committee on Financial Services- Hearing: Where Have All the Houses Gone? Private Equity, Single Family Rentals, and America's Neighborhoods-...more

Paul Hastings LLP

Daily Financial Regulation Update -- Friday, June 3, 2022

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Federal Agencies- U.S. Department of the Treasury- U.S. Treasury Severs More Networks Providing Support for Putin and Russia's Elites-...more

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