Designation of Houthis Paired with New OFAC Licenses
On the final day of the Trump administration, the U.S. State Department designated Ansarallah (aka the Houthis) in Yemen as a Foreign Terrorist Organization (FTO) under Section 219 of the Immigration and Nationality Act and
New OCC Rule Will Prohibit Banks from Denying Services in Coordination with Others
A final rule issued by the Office of the Comptroller of the Currency (OCC) on January 14, 2021, prohibits the largest U.S. banks from denying financial services in coordination with others. The rule applies only
Charity & Security Network Urges Secretary Pompeo to Immediately Halt Designation of Houthis as a Foreign Terrorist Organization
C&SN, a coalition of more than 500 civil society representatives dedicated to protecting the rights of nonprofit organizations that help communities and address pressing human rights issues, urges Secretary Pompeo and the Trump Administration to
C&SN Submits Comments on Financial Regulatory Proposals
In comments submitted in response to regulatory proposals on anti-money laundering (AML) effectiveness and on fair access to financial services, Charity & Security Network (C&SN) has highlighted bank derisking of nonprofit organizations (NPOs), its impact
Proposed Commission on Counterterrorism Policy Fails in Congress
Legislation to establish a National Commission on U.S. Counterterrorism Policy to assess U.S. counterterrorism objectives, policies, programs and more did not survive the latest attempt to move through Congress. The provisions in a stand-alone bill
Language on Charities and Derisking in NDAA
U.S. Treasury will be required to develop a derisking strategy under the banking provisions contained in the fiscal year 2021 National Defense Authorization Act (NDAA). That mandate is part of a larger section of language