The US Treasury's Office of Foreign Assets Control (OFAC) on Monday launched an
online reconsideration portal allowing designated individuals and entities to
submit delisting petitions and request non‑confidential information. OFAC said
the portal will centralize and streamline a process that previously relied on
lawyers, improving transparency and processing efficiency. The announcement
noted it comes amid ongoing adjustments to US sanctions policy, with recent
relaxations on some measures for Iran, Russia and Venezuela while new
restrictions have been added on Cuba.
