ABA Banking Journal Enforcement

Recent news from Treasury’s Office of Foreign Assets Control: February 9

By

Use this page to get oriented quickly.

The brief below is a reading aid. The original source material and source link remain the governing reference.

Operational Brief

• OFAC has imposed new sanctions on individuals and entities linked to Russia in response to the ongoing conflict. • These actions include blocking assets and prohibiting transactions with designated parties.

Why It Matters for Texas Credit Unions

The article does not mention Texas, TX, TCUD, or any Texas-specific entities. The sanctions are applicable to all credit unions but do not have a specific impact on Texas CUs.

Who this most likely affects

Bounded site guidance: This item is most likely relevant for credit unions with BSA/AML, fraud, or payments oversight responsibilities.

Why this fit: The source language points to anti-money-laundering, sanctions, fraud, or suspicious-activity obligations.

This is site guidance, not a formal determination. ABA Banking Journal and the original source material remain the governing reference.

Private Follow-Up

Save this for follow-up.

Sign in to keep a private note, target date, or reminder for this item.

Sign in to save this item Create account

Original Source Material

News items that are the most recent sanctions-related actions from the Office of Foreign Assets Control. The post Recent news from Treasury’s Office of Foreign Assets Control: February 9 appeared first on ABA Banking Journal .