OFAC settles with Pegasus Worldwide Logistics; designates International Criminal Court

What's on the official record

9 October 2026 — Pegasus Worldwide Logistics settlement. OFAC announced a settlement with Pegasus Worldwide Logistics, a freight forwarding firm involved in cross-border shipments. Pegasus agreed to remit $175,015 to settle its potential civil liability for four apparent violations of the Illicit Drug Trafficking Sanctions Regulations and six apparent violations of the Reporting, Procedures and Penalties Regulations. Between September 2023 and February 2024, Pegasus dealt in blocked property by facilitating the importation of a machine supplied by a designated company, and failed to respond fully for six months to an OFAC subpoena. OFAC determined the conduct was non-egregious and not voluntarily disclosed. The page cites no Executive Order for this action.

9 October 2026 — International Criminal Court designation and general licenses. OFAC added INTERNATIONAL CRIMINAL COURT, Oude Waalsdorperweg 10 2597 AK, The Hague, Netherlands, to the SDN List under Executive Order 14203. OFAC issued four International Criminal Court-related general licenses: General License 13, "Authorizing Certain Transactions Involving the International Criminal Court"; General License 14, "Authorizing Certain Transactions Related to Telecommunications and Enterprise Software Involving the International Criminal Court"; General License 15, "Authorizing Transactions Related to Pension Payments Involving the International Criminal Court"; and General License 16, "Authorizing Certain Transactions Related to Certain International Criminal Court Detainees."

9 October 2026 — Burma-related designation removal. OFAC deleted HTET, Theint Win, Burma, from the SDN List under Executive Order 14014. The page lists the individual as linked to ZAW, Thein Win.

Assessment

For a sanctions or trade-finance committee, the record names one newly designated entity — the International Criminal Court, added under Executive Order 14203 — and four general licenses that carve out specific transaction types involving it. The committee can check its screening and payment flows against the SDN List entry and against the four licenses before deciding whether to bank, enhance diligence, or hold any transaction touching the Court. The settlement with Pegasus Worldwide Logistics also gives the committee a concrete example of OFAC treating a freight forwarder's facilitation of a designated company's machine import as dealing in blocked property.

For an owner or operating executive, the record shows OFAC holding a freight forwarding firm liable for facilitating the importation of a machine supplied by a designated company, and for a six-month failure to respond fully to an OFAC subpoena. An executive whose business moves cross-border goods can check whether any counterparty or shipment touches a designated supplier, and whether its own subpoena and reporting responses are complete, before a buyer or lender examines the same record. The four International Criminal Court-related general licenses also let an executive confirm which transactions involving the Court remain authorized.

What would change this call

A new OFAC action on the same programs — a further designation, license, or settlement under Executive Order 14203, Executive Order 14014, or the Illicit Drug Trafficking Sanctions Regulations — would change what a reader checks. A correction or amendment to the SDN List entries named here would also change the record.

What to check next

Confidence

Filed 25 October 2026 from the record dated 9 October 2026.

Sources

[1] OFAC Recent Actions, "Settlement Agreement between the U.S. Department of the Treasury's Office of Foreign Assets Control and Pegasus Worldwide Logistics; International Criminal Court Designation and General Licenses; Burma-related Designation Removal", 9 October 2026, https://ofac.treasury.gov/recent-actions/20261009