Sanctions Library
OFAC FAQs
Questions about OFAC sanctions, licenses, blocked funds, or the SDN list? Find answers to frequently-asked questions, including:
- What is OFAC?
- Who must comply with OFAC regulations?
- What can I do if my funds were blocked?
SANCTIONS INSIGHTS & UPDATES
The US government has ramped up sanctions enforcement efforts. Read our analysis on recent OFAC actions and other sanctions topics.
- October 2025: OFAC Delists Former Paraguayan President Horacio Cartes
- October 2025: Now-Dissolved Crypto Exchange ShapeShift AG Settles with OFAC over Transfers of Digital Assets to Sudan, Cuba, Iran and Syria
- September 2025: Brazil Prepares for Possible Additional U.S. Sanctions Ahead of Bolsonaro Verdict
EXPERIENCED SANCTIONS COUNSEL
Attorneys from LBKM advise clients, both US and foreign, on a wide variety of sanctions-related issues, including OFAC compliance, delisting petitions, enforcement actions, and criminal investigations. We have deep expertise in this area from the public sector experience of former prosecutors who investigated and prosecuted OFAC matters, compliance officials who can guide companies through OFAC compliance, and skilled regulatory and administrative lawyers who can petition OFAC and fight to remove designations.
OFAC sanctions are an ever-shifting field of regulatory enforcement. Clients must stay aware of constant changes in the scope and coverage of US sanctions, as well as the political themes that determine where OFAC is focusing attention.