OFAC Outreach and Engagement Capabilities Enhancement Act

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AI Summary: The OFAC Outreach and Engagement Capabilities Enhancement Act aims to enhance the outreach and engagement efforts of the Office of Foreign Assets Control (OFAC). The bill focuses on improving communication with stakeholders, increasing transparency, and providing guidance on compliance with economic sanctions. It seeks to strengthen OFAC's ability to engage with various entities, including financial institutions, businesses, and individuals, to ensure better understanding and adherence to U.S. sanctions policies. Overall, the bill aims to streamline OFAC's outreach activities and improve its effectiveness in implementing and enforcing economic sanctions.

Latest Action: Introduced in House

Comments Contributions Actions (2) Sponsors (1) Cosponsors (0) Text Versions (1) Roll Calls (0) Amendments (0) View All

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Actions (2):

  • 2023-02-24 : Introduced in House

  • 2023-02-24 : Referred to the House Committee on Foreign Affairs.

Text Versions (1):