OSFI
There were no updates released from OSFI this week.
OFAC
The U.S. Department of Treasury’s Branch, The Office of Foreign Asset Control (OFAC), released one update last week. The update was related to the addition of two Russian individuals who were added to the Counter Terrorism Designations list.
OFAC administers and enforces economic and trade sanctions based on U.S. foreign policy and national security goals. The sanctions target countries, regimes, terrorists, international narcotics traffickers, the proliferation of weapons of mass destruction, and other threats to the national security, foreign policy or economy of the U.S.
No other information was available on the individuals who were added.
See the Counter Terrorism Designations list update on OFAC’s website.
See OFAC’s Recent Actions page.
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