Tag Archives: OFAC

OFAC Ukraine, Crimea Sanction

On Nov. 8, Treasury OFAC named¬†Ukraine occupation supporters. Sanctioned three individuals and nine entities, under Ukraine-related authorities. Follows designation relate to territories forcibly occupied or controlled by Russia. Ukraine, including Crimea and areas of Donetsk and Luhansk in eastern Ukraine. Individuals Andriy Volodymyrovych Sushko role in directing of serious human rights abuses. Abducted a Crimean…
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OFAC Fine JPM Cuba Sanctions

On Oct. 5, OFAC fined JPMC $5.2mn for sanctioned activities. Cited civil liability for 87 apparent violations of Cuban Assets Control Regulations. Iranian Transactions and Sanctions Regulations; and WMD Sanctions Regulations. Cuban Transactions Transactions were net settlement payments, and a very small portion appears to have been attributable to interests of airlines that were at…
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