Roberts said in his decision that the agency hasn't provided sufficient information to show a link between the disclosure of printouts and "revealing when, how and to what extent OFAC relies on these databases in its investigations."
The judge did not force Treasury to produce other records, including several bank applications to release blocked funds.
The disclosure of contractual terms and banking information, Roberts said, "could cause the applicants competitive harm by revealing customer identities and transaction details, and cause the customers to seek the services of competitors who may seem better able to protect their financial privacy."
This article first appeared on The BLT: The Blog of Legal Times.
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