The US Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) has restructured the location of penalty and enforcement procedure provisions within its regulations. On September 25, 2026, OFAC published a final rule creating 31 CFR Part 505, the Sanctions Penalties Regulations. Then, on September 30, 2026, OFAC issued a second related rule removing superseded penalties provisions and reorganizing remaining parts. These regulatory updates memorialize OFAC’s existing practices with enforcement matters but do not…
On 29 September 2026, a range of new and expanded UK sanctions targeting Iran entered into force, following…
Earlier this month, as part of Operation Economic Outcast targeting Iran, the US Department of the Treasury ushered…
On September 18, 2026, the US Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) announced the…
Two recent pronouncements indicate that enforcement risks around dealing with criminal narcotics trafficking organizations in Latin America continue…
President Trump signed the much-anticipated Russia (and Iran) sanctions bill into law on Friday, September 18, 2026. The…
On September 14, 2026, the EU Commission adopted a Delegated Regulation updating Annex I to Regulation (EU) 2021/821…