OFAC releases 2017 Terrorist Assets Report

OFAC has published its 2017 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 $44 million in the US in 2017 ($34 million in 2016). Whereas, approximately $202 million in assets relating to the four designated state sponsors of terrorism in 2017 (Iran, Sudan, Syria and North Korea) had been blocked ($149 million in 2016).