See the Treasury regulations. See the Commerce regulations. See the State Department list. OFAC is also
publishing a number of new and updated Frequently Asked Questions and a Fact Sheet pertaining to this
OTHER OFAC NEWS
► Treasury Issues Cuba Sanctions Update
Acting in concert with the Commerce Department and the State Department, the Treasury on November 8
issued updates to sanctions targeting Cuba’s military, security and intelligence services. Persons subject to
U.S. jurisdiction will be prohibited from engaging in direct financial transactions with entities and persons on a
new State Department list. The changes took effect immediately. Read more.
► OFAC Updates Ukraine-/Russia-Related Guidance
OFAC has issued amended Ukraine-/Russia-Related Directive 4 and published new and updated FAQs.
FAC's action is in accordance with section 223(d) of Title II of the Countering America’s Adversaries Through
Sanctions Act (CAATSA). The FAQs are the latest OFAC actions to implement the responsibilities assigned
and delegated to it under CAATSA. See the new FAQs related to CAATSA sections 223(a), 226, 228, and
► OFAC Publishes Amended Global Terrorism Sanctions Regulations
OFAC has amended the Global Terrorism Sanctions Regulations, 31 C.F.R. part 594 (GTSR), to apply the
blocking provisions of the GTSR to foreign persons that have been identified by OFAC as officials, agents, or
affiliates of Iran’s Islamic Revolutionary Guard Corps (IRGC). The amendment is effective Oct. 31, 2017.
OFAC's amendment of the GTSR is pursuant to section 105(b) of the Countering America's Adversaries
Through Sanctions Act of 2017 as it relates to those associated with the IRGC. OFAC updated FAQs related
to this action. In connection with the amended GTSR, OFAC updated its Specially Designated Nationals List.
► Technical Notice for OFAC Website Users
The U.S. Department of the Treasury on Nov. 3 announced that the department was updating the HTTPS
certificate it uses for the Treasury.gov domain. Users may have to reinstall the root certificate for the site if
they experience connection problems. The full certification path for this new certificate is Symantec Class 3
Secure Server CA - G4- www.treasury.gov.
Users can download this certificate by visiting any secure download path on the Treasury website and using
their browser's certificate management controls to install this new certificate. For questions, call OFAC's
technical support at 1-800-540-6322, and choose Option #8 or via email at O_F_A_C@treasury.gov.
TRADE ASSOCIATIONS CALL FOR NATIONAL DATA BREACH STANDARD
As the House Financial Services Committee on November 1 held a hearing on data security, ABA and six
financial trade associations wrote to lawmakers calling for a national data security and breach notification
standard. In a letter to Reps. Blaine Luetkemeyer (R-MO) and William Lacy Clay (D-MO), the groups called for a
standard that would require all entities handling sensitive personal and financial data to have robust protections
in place and to notify consumers in a timely manner in the event of a breach. They added that such a standard
would help eliminate current inconsistencies between a patchwork of state and federal laws.
“Our existing payments system serves hundreds of millions of consumers, retailers, financial institutions and the
economy well,” the groups wrote. “Protecting this system is a shared responsibility of all parties involved and we
must work together and invest the necessary resources to combat increasingly sophisticated threats to the
payments system.” Read the letter.