One of the largest russian oil companies, Lukoil, announced its intention to sell its international assets against the ...

Russian energy giant Lukoil announced plans to sell its international assets due to stringent US sanctions. Facing a November ...

The historic Merge upgrade from Sept. 2022 — which marked Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoS) — resulted in the overall decline in compliance with standards laid ...

Over the last decade, the Office of Foreign Assets Control (OFAC) has imposed $4.3 billion in civil money penalties. But did you know that businesses other than banks received 81% of these fines last ...

Investing.com -- The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) imposed new sanctions on Russia’s energy sector Wednesday, targeting the country’s two largest oil ...

In a ruling eagerly awaited by the cryptocurrency industry, the US Court of Appeals for the Fifth Circuit held that immutable smart contracts on the Tornado Cash crypto-transaction software protocol ...

At a status conference in Manhattan on Tuesday, District Judge Katherine Polk Failla initially waffled on whether she would allow expert witnesses to testify about the sanctions, which were initially ...

The First Bank of Romania and JC Flowers agreed to pay OFAC $862,318 to settle violations of Iran and Syria Sanctions Programs. First Bank is owned by its U.S. parent, JC Flowers & Company. In 2018, ...

CHARLOTTE, N.C.--(BUSINESS WIRE)--Throughout the U.S., many banks and other businesses are taking a second look at their current compliance processes as the industry buzzes with the recent ...