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Thompson Hine LLP, a full-service business law firm with approximately 400 lawyers in 11 offices, was ranked number 1 in the category “Most innovative North American law firms: New working models” by The Financial Times and was 1 of 7 firms shortlisted for The American Lawyer’s inaugural Legal Services Innovation Award. The firm has been recognized by the National Law Journal as a Legal Technology Trailblazer and featured by Bloomberg for its innovative service delivery models, which drive accuracy and predictability. The firm’s commitment to innovation is embodied in Thompson Hine SmartPaTHTM – a smarter way to work – predictable, efficient and aligned with client goals. For more information, please visit ThompsonHine.com and ThompsonHine.com/SmartPaTH.

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On June 1, 2026, the Office of Foreign Assets Control (OFAC), an office of the Department of Treasury, published an &ldquo;<a href="https://ofac.treasury.gov/media/935656/download?inline" target="_blank" rel="noreferrer noopener">Introduction to the Office of Foreign Assets Control</a>.&rdquo; OFAC administers and enforces economic sanctions against targeted foreign jurisdictions and regimes, as well as individuals and entities engaging in harmful activity, such as terrorists, international narcotics traffickers, weapons of mass destruction proliferators, and others in response to threats to the national security, foreign policy, or economy of the United States.
The guide may prove a useful resource for companies and individuals who have little experience with U.S. sanctions and need to quickly acquire a fundamental understanding.&nbsp;The guide provides a high-level overview of the requirements imposed by OFAC sanctions.&nbsp;The topics covered in the guide also include a high-level overview of how to request a license from OFAC, how people and entities may be removed from an OFAC sanctions list, and how OFAC enforces its sanctions.
OFAC issued the guidance to be used as a resource by the public to better understand OFAC&rsquo;s expectations and thereby continue to strengthen the effectiveness of OFAC sanction.&nbsp;The guidance does not appear to set any new policies, and incorporates several other long-standing, more detailed OFAC guidance documents.

OFAC Publishes Introductory Guide

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