Category Archives: U.S. Treasury

Washington – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated one entity, three individuals, and five vessels participating in a sanctions evasion scheme to facilitate the delivery of jet fuel to Russian forces operating in Syria.  Specifically, OFAC designated Maritime Assistance LLC, which is a front company supporting the […]

Washington – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated four entities that operate in the oil sector of the Venezuelan economy pursuant to Executive Order (E.O.) 13850.  Additionally, OFAC identified four vessels that transport oil and other petroleum products from Venezuela to Cuba as blocked property owned or […]

New York – Today, U.S. Treasury Secretary Steven T. Mnuchin met with His Excellency Sheikh Tamim bin Hamad Al Thani, Amir of Qatar, to discuss the strong bilateral economic relations between the United States and Qatar. They also discussed the importance of the continued partnership to counter terrorist- and proliferation-financing networks.  ####  Related posts: Counter […]

INTRODUCTION Good morning.  It is great to be here to speak on behalf of the U.S. Treasury.  I would first like to thank the Federal Reserve Bank of New York for co-hosting the conference with us.  They have put a lot of work into organizing an excellent event.  The conference has become one of the […]

WASHINGTON—The U.S. Treasury Department today announced the entry into force of tax treaty protocols with Luxembourg and Switzerland.  The protocols bring the existing tax treaties with Luxembourg and Switzerland into closer conformity with current U.S. tax treaty policy to allow for greater tax information exchange that will enhance efforts to bolster tax compliance and combat […]

Action targets major sources of funding for the regime’s proxies and terrorist arms, including the IRGC, the Qods Force, Hizballah and the Houthis WASHINGTON- Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) took action against the Central Bank of Iran (CBI), the National Development Fund of Iran (NDF), and Etemad […]