United States of America: Department of the Treasury's Office of Foreign Assets Control investigation into compliance with US sanctions evasion
Progress
Current status
adopted
25 Mar 2024 adopted
Scope
Implementers
United States of America
Policy Area
Consumer protection
Policy Instrument
User identification requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
central government
Implementation Level
national
Timeline of events
Issued OFAC list of sanctioned entities due to alleged enabling of US sanctions evasion
On 25 March 2024, the Department of the Treasury's Office of Foreign Assets Control (OFAC) sanctioned thirteen entities and two individuals for operating in the financial services and technology sectors of the Russian Federation economy, including a…
SourceEvent type
order
Action type
adoption
Government branch
executive
Government body
central government