Action taken in support of the re-imposition of UN sanctions on Iran lifted under UNSCR 2231 WASHINGTON – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned three Deputy Directors of the Atomic Energy Organization of Iran (AEOI) and a number of its subsidiaries. Companies supplying equipment for Iran’s ballistic […]
Monthly Archives: September 2020
Statement on TikTok from Treasury Spokesperson Monica Crowley
WASHINGTON – The President has reviewed a deal among Oracle, Walmart, and TikTok Global to address the national security threat posed by TikTok’s operations. Oracle will be responsible for key technology and security responsibilities to protect all U.S. user data. Approval of the transaction is subject to a closing with Oracle and Walmart and necessary documentation and conditions to be approved by CFIUS. Related posts: READOUT: Secretary of the Treasury Janet L. Yellen’s […]
United States and Republic of Indonesia Sign Cooperation Framework to Strengthen Infrastructure Finance and Market Building
WASHINGTON – U.S. Treasury Secretary Steven T. Mnuchin and Minister of Finance Sri Mulyani Indrawati of the Republic of Indonesia remotely completed the signing of the Cooperation Framework to Strengthen Infrastructure Finance and Market Building on September 18, 2020. This cooperative initiative is designed to achieve the mutual goals of the United States and the Republic of Indonesia […]
BRP SHINES WITH PRESTIGIOUS HONOURS FROM GOOD DESIGN AUSTRALIA AND INTERNATIONAL DESIGN EXCELLENCE AWARDS
Valcourt, Quebec, September 17, 2020 – BRP’s innovations are recognized once again among the world’s toughest design competitions. We won prestigious honours from two different design awards organizations: Good Design Australia and the International Design Excellence Awards (IDEA). These distinctions recognize the hard work of BRP’s teams, who are passionate about, and determined to […]
IRS provides tax relief for victims of Oregon wildfires; Oct. 15 deadline, other dates extended to Jan. 15
IR-2020-215, September 17, 2020 WASHINGTON — Victims of the Oregon wildfires and straight-line winds that began on September 7 now have until January 15, 2021 to file various individual and business tax returns and make tax payments, the Internal Revenue Service announced today. The IRS is offering this relief to any area designated by the […]
Treasury Targets Hizballah Executive Council Companies and Official
Washington – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned two Lebanon-based companies, Arch Consulting and Meamar Construction, for being owned, controlled, or directed by Hizballah. Additionally, OFAC designated Sultan Khalifah As’ad, a Hizballah Executive Council official, who is closely associated with both companies. “Through Hizballah’s exploitation of the […]
Treasury Sanctions Cyber Actors Backed by Iranian Intelligence Ministry
Washington – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) imposed sanctions on Iranian cyber threat group Advanced Persistent Threat 39 (APT39), 45 associated individuals, and one front company. Masked behind its front company, Rana Intelligence Computing Company (Rana), the Government of Iran (GOI) employed a years-long malware campaign that […]
IRS releases state-by-state breakdown of nearly 9 million non-filers who will be mailed letters about Economic Impact Payments
IR-2020-214, September 17, 2020 WASHINGTON — The Internal Revenue Service today released a state-by-state breakdown of the roughly nine million people receiving a special mailing this month encouraging them to see if they’re eligible to claim an Economic Impact Payment. The IRS will mail the letters to people who typically aren’t required to file federal […]
OCC Reports Second Quarter 2020 Bank Trading Revenue
News Release 2020-121 | September 16, 2020 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) reported trading revenue of U.S. commercial banks and federal savings associations of $14.7 billion in the second quarter 2020, which was $8.0 billion, or 119.3 percent, more than the previous quarter. In the report, Quarterly Report on […]
Readout from a Treasury Spokesperson on Secretary Mnuchin’s meeting with His Excellency Obaid Humaid Al Tayer, Minister of State for Financial Affairs of the United Arab Emirates
WASHINGTON – Today, U.S. Treasury Secretary Steven T. Mnuchin met with His Excellency Obaid Humaid Al Tayer, Minister of State for Financial Affairs of the United Arab Emirates. The Secretary and Minister reaffirmed the strong bilateral economic and security relationship between the United States and the United Arab Emirates and discussed the signing of the […]