OFAC License Delay: How to Speed Up the Process
Obtaining a license from the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is one of the primary tools for authorizing transactions that would otherwise be prohibited under U.S. sanctions law. OFAC licenses may be required to unblock frozen assets, complete contracts, pay legal fees, sell property, or carry out other transactions involving sanctioned persons or...
Trump’s Sanctions on Russia
Trump’s Sanctions on Russia
On the evening of October 22, 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) published new Trump’s sanctions on Russia under Executive Order No. 14024. These are the first sanctions imposed by President Trump against Russia since the start of his second term.
Trump’s sanctions on Russia have long been, and remain, one of the...