April 9, 2021

OFAC launches its review of economic & financial sanctions

On the 1st of April 2021, Deputy Secretary of the US Treasury, Wally Adeyemo, kicked off a top to bottom review of U.S. economic and financial sanctions with a meeting of thought leaders representing leading Think Tanks and Universities. He noted that sanctions remain a potent and valuable tool for policymakers and as programs are evaluated, it is critical to keep an eye toward ensuring they remain a strong, viable option in years to come. There was an agreement that sanctions remain a  key instrument of U.S. national security and foreign policy, and the importance of a well-considered approach to their imposition.

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