Office of Foreign Assets Control

Amazon acknowledged in 2017 that it had reported apparent violations to U.S. Treasury.

More forgiving sanctions approach would avoid rate surge seen after COSCO sanctions.

The Office of Foreign Assets Control added Russian oil company overseas affiliate TNK Trading International in Switzerland to the Specially Designated Nationals and Blocked Persons List.

SITA committed 9,256 violations of the Global Terrorism Sanctions Regulations between 2013 and 2018 by providing services from and transiting through the U.S. to blacklisted Syrian and Iranian airlines.

Democratic Senators Charles Schumer and Sharrod Brown say sanctions should target not only the responsible Russian government agencies and officials, but President Vladimir Putin.

The Office of Foreign Assets Control has added the Swiss-based oil brokerage arm of Rosneft Trading to the SDN List for its recent arrangements to transport sanctioned Venezuelan oil.

President Trump directed the removal of sanctions against the Turkish defense and energy ministries on Oct. 23.

The Office of Foreign Assets Control added CONVIASA and its aircraft fleet to the Specially Designated Nationals and Blocked Persons List for supporting Maduro regime.

The Office of Foreign Assets Control said the action will block property of individuals helping to destabilize the West African country.

Chinese carrier’s formerly idled VLCCs return to a transport market already suffering from falling rates, Stifel Maritime analyst said.