Posts on the applicable.ai blog tagged Sanctions.
FinCEN has found that transactions involving foreign companies controlled by the A7 Network, a Russia-linked sanctions evasion service, are a primary money laundering concern, and proposes to prohibit transmittals of funds to or from those sub-agents. Comments are due 4 November 2026.
On 25 September 2026 OFAC removed a Syria-specific general license because Syria is no longer a Terrorism List Government, and added a new 31 CFR part 505 that gathers its penalty provisions in one place without changing them.
OFAC's Iran General License CC, published on 11 September 2026, allows wind-down of transactions with three blocked Golden Global companies, including an investment bank, until 12.01 a.m. eastern daylight time on 19 September. Payments to them must go into blocked accounts.
OFAC has indefinitely stayed three provisions of the Iranian Transactions and Sanctions Regulations and Iran General License J-1, effective 8 September 2026. A separate general license, DD, allows wind-down of some of those transactions until 12.01 a.m. eastern daylight time on 23 September.
FinCEN has proposed to find the UAE branches of Banque Misr a primary money laundering concern and bar U.S. banks from opening or keeping correspondent accounts for them. Comments are due 1 October 2026.
OFAC has stayed five Iran general licenses, including the one for noncommercial personal remittances, effective 24 August 2026, with a wind-down license that runs to 8 September. It also named five more sectors of Iran's economy under Executive Order 13902.
One email when a new post goes up. We'll send a link to confirm first, and every email has a link to unsubscribe.
Prefer a feed reader? Follow by RSS
Thanks. If this address is not subscribed yet, we have sent it a link to confirm. Check your inbox.
We're still building. Sign up and we'll tell you when access opens.
You're on the list. We'll let you know when access becomes available.