On June 1, 2026, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) released an “Introduction to the Office of Foreign Assets Control” guide. The publication aims to give U.S. and foreign persons a basic understanding of how OFAC sanctions operate and how to comply with them. The guide explains the process for requesting a license from OFAC, the procedures for removal from an OFAC sanctions list, and the mechanisms through which OFAC enforces its sanctions. OFAC intends the guide to serve as a public resource that helps users better understand the agency’s expectations and thereby support the effectiveness of its sanctions program.
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