El 17 de abril de 2024, la OFAC revocó formalmente el alivio de sanciones que anteriormente había proporcionado a la industria petrolera y de gas en Venezuela. Mediante la licencia 44 la OFAC había proporcionado un alivio de sanciones a Venezuela en condición de que el gobierno de Venezuela organizara unas elecciones libres y justas. Debido al incumplimiento del gobierno de Venezuela, la OFAC revocó...

Each quarter, we send many of our clients a quarterly trade compliance update, highlighting important developments over the last few months and summarizing key points for important sanctions programs. Click here to download the quarterly update for October. Below is a summary of events this past quarter: About the document: This handy one-pager is designed to be used by our clients to provide a quick...

Uphold is a California-based money service business.  Uphold agreed to pay OFAC $72,230 to resolve multiple sanctions program violations. Between March 2017 and Maay 2022, Uphold and its affiliates processed 152 transactions totaling $180,5765 in violation of the Iran, Cuba and Venezuela sanctions programs.  The customers involved in the illegal transactions self-identified as being located in Cuba or Iran and for employees of the Venezuela...