News & Analysis as of

International Trade SDN List Iran

The Volkov Law Group

OFAC Penalizes Freight Forwarder Fracht FWO $1.6 Million for Multiple Violations of Sanctions Programs

The Volkov Law Group on

On September 3, 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) announced a $1,610,775 settlement with Fracht FWO Inc. (“Fracht”), an international freight forwarder headquartered in...more

Husch Blackwell LLP

Week Twenty in Trade

Husch Blackwell LLP on

On June 20, 2025, U.S. Customs and Border Protection (“CBP”) announced it is deploying the Forced Labor Allegation Portal, which allows users to submit forced labor allegations. Submissions may be made anonymously and may...more

Bass, Berry & Sims PLC

International Trade Enforcement Roundup – September 2023 Update

Bass, Berry & Sims PLC on

September saw a number of enforcement actions involving Iran. First, the Office of Foreign Assets Control (OFAC) announced separate settlements with 3M and Emigrant Bank for violations of the Iranian Transactions and...more

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