Regulatory Alerts2026-03-31 | 20260331_33Guidance on Sham Transactions and Sanctions Evasion
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) issued a sanctions advisory to highlight risks associated with sham transactions used to evade sanctions. The document identifies specific factors to consider when evaluating whether property is the subject of a sham transaction. This guidance aims to assist entities in recognizing and avoiding activities that circumvent U.S. sanctions regimes.
Release Date
03/31/2026
Recent Actions Body
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing a sanctions advisory to highlight sanctions risks arising from sham transactions used to evade sanctions and to identify factors to consider when evaluating whether property may be the subject of a sham transaction.