Publications, Presentations & Events

The online Portal is designed to improve the efficiency of the delisting process by prompting petitioners to provide key information at the outset of a matter, rather than through multiple follow-up questionnaires that can delay OFAC’s review.

OFAC settlements with Adani Enterprises and FTI Consulting share a common message: OFAC will hold sophisticated, U.S. and foreign companies responsible for the economic realities of their transactions.

On May 28, 2026, the U.S. State Department designated Brazilian criminal organizations Primeiro Comando da Capital (PCC) and Comando Vermelho (CV) as Specially Designated Global Terrorists (SDGTs), effective immediately. Both groups will also be designated Foreign Terrorist Organizations (FTOs), effective June 5, 2026.  PCC and CV are now in the same legal category as Hamas and Hezbollah. Banks and multinationals penalized for dealings with those organizations face identical exposure for PCC or CV ties. 

The United States government has dramatically escalated sanctions pressure against Iran since early 2025, culminating in an unprecedented campaign — designated “Economic Fury” — that has produced more than 1,000 designations of Iran-related persons, vessels, and aircraft in approximately fifteen months. This article provides a comprehensive discussion of recent actions taken by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), the legal authorities invoked, the categories of actors targeted, and the general licenses issued.

The U.S. Court of Appeals for the Second Circuit issued a significant decision in Petersen Energía Inversora S.A.U. et al. v. Argentine Republic, reversing the $16.1 billion judgment entered by Judge Preska of the Southern District of New York against the Republic of Argentina.