Regulatory Alerts2026-06-01 | 20260601Introduction to the Office of Foreign Assets Control
The Department of the Treasury’s Office of Foreign Assets Control (OFAC) published the 'Introduction to the Office of Foreign Assets Control' guide on June 1, 2026. This document provides U.S. and foreign persons with a foundational understanding of OFAC sanctions, including procedures for license requests, list removal, and enforcement mechanisms. The guidance serves as a resource to help the public better understand OFAC's expectations and strengthen the overall effectiveness of sanctions compliance.
Share