A new Executive Order (EO) signed by President Trump on September 10, 2019, specifically targets correspondent bank relationships as possible sources of terrorist financing. The new order, which gives U.S. Treasury’s Office of Foreign Asset Control (OFAC)
When a nonprofit organization (NPO) is listed by the U.S. government as a supporter of terrorism its assets within U.S. jurisdiction are generally frozen – or “blocked.” In order to contest the listing NPOs
External Link: When U.S. sanctions laws are applied to U.S. charities, funds can be frozen indefinitely, despite tax rules that require they be distributed for charitable purposes when a charity shuts down. In the Oct.
The legal authority for the Department of Treasury to designate a person or organization as a Specially Designated Global Terrorists (SDGT) (or freeze assets "pending investigation") is based on laws providing for economic sanctions
On March 9, 2011 the Ninth Circuit Court of Appeals heard oral arguments in Al Harmain v. Treasury, a constitutional challenge to the Treasury Department's (Treasury) process for shutting down charities. During the proceedings an
After summarizing current law on how U.S. charities may be shut down for supporting terrorism and citing problems with the lack of due process for charities to defend themselves, this article presents the rationale