OFAC’s annual “Terrorist Assets Report” provides useful information regarding current U.S. sanctions

By: Anna Sayre, reporter SanctionsAlert.com 
Date: June 15, 2016

On June 6, 2016, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) released its 24th annual Terrorist Assets Report (TAR), an update to Congress detailing the amounts of assets in relation to international terrorist organizations or state sponsors of terrorism that have been frozen up until December 31, 2015. The TAR, which is prepared based on information from the Department of the Treasury and other governmental/non-government agencies, can also serve as a useful guide for compliance professionals in that it provides information regarding the nature and type of US terrorist sanctions regimes currently in place. (more…)