Economic Sanctions, Countering Terrorist Financing, Anti-Money Laundering, and Conflict Minerals
The Counter Threat Finance and Sanctions (TFS) division is responsible for developing and implementing sanctions to counter threats to national security posed by particular activities, terrorist groups, and countries. TFS advises the Secretary on economic sanctions strategies to achieve U.S. foreign policy objectives and works with other agencies to enact such strategies. TFS builds international support for the implementation of economic sanctions, provides foreign policy guidance to the Department of Treasury and Department of Commerce on sanctions implementation, and engages with Congress on legislation that advances U.S. foreign policy goals in these areas.
The Latest
Countering the Wagner Group and Degrading Russia’s War Efforts in Ukraine
The United States is sanctioning individuals and entities linked to Russia’s para-military Wagner Group and its head, Yevgeniy Prigozhin – including its key infrastructure and associated front companies, its battlefield operations in Ukraine, producers of Russia’s weapons, and those administering Russia-occupied areas of Ukraine. This action supports our goal to degrade Moscow’s capacity to wage […]
-
January 26, 2023
Sanctioning Senior Paraguayan Officials for Corruption
-
December 22, 2022
The United States Imposes Sanctions on Russian Naval Entities
Policy Issues
- Economic Sanctions Policy and Implementation
- Countering Terrorist Financing, Anti-Money Laundering, and Conflict Minerals
Economic Sanctions Policy and Implementation
TFS maintains and enforces sanctions to maximize their economic impact on their targets and minimize the damage to U.S. economic interests. We also work to remove economic sanctions when appropriate to reward and incentivize improved behavior or demonstrate U.S. support for newly established democratic governments. In addition, TFS conducts outreach on sanctions to a wide range of interested parties including foreign governments, the private sector, and NGOs.
Learn More About Economic Sanctions Policy and Implementation Economic Sanctions Policy and ImplementationCountering Terrorist Financing, Anti-Money Laundering, and Conflict Minerals
TFS advances policies that seek to minimize the funding available to a variety of groups that pose a threat to domestic, international, and regional security. These groups include terrorists and regional insurgencies that exploit the illicit trade in conflict diamonds and conflict minerals to fund their operations against legitimate governments. TFS oversees the Department’s international engagement on anti-money laundering and counter terrorist financing (AML/CFT) issues, including through the Financial Action Task Force.
Learn More About Threat Finance Countermeasures Countering Terrorist Financing, Anti-Money Laundering, and Conflict Minerals