Please note that no such content constitutes legal advice, and the legal authorities discussed in this Blog are subject to change. By subscribing, you agree with our privacy policy and our terms of service.
Receiving an OFAC administrative subpoena from the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is an unsettling event, especially if you are an individual or company…
Read More »
The U.S. Department of the Treasury’s Office of Foreign Assets Control’s (“OFAC”) last civil enforcement action for 2023 involved insurance company Privilege Underwriters Reciprocal Exchange (“PURE”), and was a stark reminder of…
Read More »
Many businesses are of the impression that as long as their internal trade compliance controls include screening against the U.S. Department of the Treasury’s Office of Foreign Assets Control’s (“OFAC”)…
Read More »
When creating or enhancing a U.S. economic sanctions compliance program, businesses will typically refer to certain published guidance from the U.S. Government that may include the U.S. Department of the…
Read More »
A new strike force is out, and it’s not a movie or video game (sorry Marvel fans). On February 16, 2023, the United States Department of Justice (“DOJ”) and Department…
Read More »