English
Türkçe
Français
Deutsch
The United States Office of Foreign Assets Control (OFAC) has become one of the most influential regulatory bodies in the global financial and commercial landscape. Although formally a domestic agency within the U.S. Department of the Treasury, OFAC’s decisions reach well beyond U.S. borders. In practice, its sanctions shape commercial ... More Information
Etiket: secondary sanctions
05
Dec2025
29
Nov2024
Sanctions are powerful tools used by governments and international organizations to achieve foreign policy objectives, often targeting individuals, entities, sectors, or entire countries. They can include asset freezes, travel bans, trade restrictions, and financial prohibitions. Recent developments, such as U.S. sanctions on Gazprombank and secondary sanctions on entities engaging with ... More Information
02
Oct2022
Both public banks and private banks in Turkey suspended their use of the Mir system after Washington expanded its sanctions on Russia, including targeting the entity that runs the payment system.