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.

TerrorismTerrorism United StatesUnited States

About Michael O'Kane

Michael O'Kane

Michael was called to the Bar in 1992 and prior to joining Peters & Peters was a senior specialist prosecutor at the Crown Prosecution Service Headquarters (CPS). He was a key member of a small specialist unit responsible for the prosecution of serious and high-profile fraud, terrorist,...

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