OFAC releases 2017 Terrorist Assets Report

OFAC3OFAC has published its 2017 Terrorist Assets Report outlining the “nature and extent of assets held in the United States by terrorism-supporting countries and organizations engaged in international terrorism”.

The Report states that sanctions targeting international terrorist organisations had resulted in the blocking of approximately $44 million in the US in 2017 ($34 million in 2016). Whereas, approximately $202 million in assets relating to the four designated state sponsors of terrorism in 2017 (Iran, Sudan, Syria and North Korea) had been blocked ($149 million in 2016).

This entry was posted in Terrorist Sanctions, USA by Maya Lester QC. Bookmark the permalink.

About Maya Lester QC

Maya Lester QC has a wide ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions. As the most recent (2016) Chambers & Partners directory put it, she "owns the world of sanctions". She spent 2011-12 in New York at Columbia Law School lecturing and writing on sanctions. She represents and advises hundreds of companies and individuals before the European and English courts and has acted in most of the leading cases, including Kadi, Tay Za, Central Bank of Iran, NITC and IRISL.

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