LexRegPulse Daily - Aug 25, 2026
Morgan here. This is LexRegPulse Daily for Tuesday, August 25, 2026.
Treasury opened its most aggressive Iran sanctions campaign in years, and it changes how banks screen counterparties — not just who they screen. Secretary Bessent announced Operation Economic Outcast Monday, August 24. Five sectoral determinations now cover digital assets, technology, gold, aviation, and shipping. That's the real story. OFAC can now sanction any person, anywhere, operating in those sectors with an Iran link — no prior entity listing required. Banks need sector-level diligence now, not just SDN-list matching…
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