A Bumper Year for OFAC

... Directive 2 based on Presidential Executive Order 13662 of 2014. Specifically, the Directive restricts the timeframe for funding Russian energy companies. The delay was interpreted as Haverly Systems actually extending a credit to Rosneft. This situation ... ... has done a lot of work to generalize the record of its investigations against violators. The Office of Foreign Assets Control (OFAC) has issued basic recommendations for companies, corporations and other organizations on how to control sanctions risks and ...