Mission
The Office of Terrorism and Financial Intelligence (TFI) marshals the department's intelligence and enforcement functions with the twin aims of safeguarding the financial system against illicit use and combating rogue nations, terrorist facilitators, weapons of mass destruction (WMD) proliferators, money launderers, drug kingpins, and other national security threats.
Latest News from TFI
Treasury Designates Iranian Nuclear and Missile Entities – On August 12, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated five entities for their ties to Iran's nuclear and missile programs. All five designees are owned or controlled by, or acting or purporting to act for or on behalf of, entities that have been designated by the United States or the United Nations Security Council.
Treasury Designates the Financial Network of Major Sinaloa Cartel Operator Rigoberto Gaxiola Medina – On August 5, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) named 14 companies and 17 individuals tied to drug trafficking kingpin Rigoberto Gaxiola Medina as specially designated narcotics traffickers (SDNTs). The designees, all based in Mexico, are now subject to economic sanctions pursuant to the Foreign Narcotics Kingpin Designation Act.
– On July 31, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated six companies and 13 individuals that act on behalf of and materially assist the narcotics trafficking activities of the Revolutionary Armed Forces of Colombia (FARC), a designated narco-terrorist organization. This designation, made pursuant to the Foreign Narcotics Kingpin Designation Act (Kingpin Act), is OFAC's fifth action against the FARC in the past eight months.
More TFI News & Information
Speeches
and Testimony
Key Issues
Last Updated:
August 12, 2008
|
