OFAC releases 2016 Terrorist Assets Report

OFAC has published its 2016 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 $34m in the US. Whereas, approximately $149m in assets relating to the three designated state sponsors of terrorism in 2016 (Iran, Sudan and Syria) had been blocked.