Why Hong Kong is China’s Sanctions Hot Spot
Clifford Chance’s Wendy Wysong and Nick Turner discuss the sanctions risks looming in Hong Kong and what companies operating there ...
Tag: OFAC
5 Common Weaknesses in OFAC Sanctions Compliance Programs
If your business activities take place in the U.S., you need to be doing OFAC screening. Michael Volkov offers five ...
Catching Up with OFAC Sanctions Enforcement Actions
Michael Volkov highlights three sanctions-related enforcement actions all breaking in the last six weeks – and two of which involved ...
OFAC Puts Asian Companies on Notice with “Compliance Framework”
The Clifford Chance team covers OFAC’s recently published “Framework for OFAC Compliance Commitments,” with a particular focus on how the ...
OFAC Enforcement Action Underscores Russia Sectoral Sanctions
Michael Volkov details the settlement between the U.S. OFAC and Haverly Systems, which was found to be in violation of ...
U.S. Tests New Sanctions Strategies on Russia, Venezuela
Clifford Chance’s Wendy Wysong and Nick Turner discuss recent sanctions leveled by the U.S. against Russian and Venezuelan corporations and ...
OFAC Announces 2 Sanctions Enforcement Settlements
What a difference a year makes — The Treasury Department’s Office of Foreign Asset Control (OFAC) announced two sanctions settlements ...
OFAC Enforcement: The Epsilon Case and Third-Party Risks
What the Decision on Epsilon's Sanctions Violations Means for Companies Michael Volkov discusses Epsilon's sanctions violations, the resulting "reason to ...
A Compliance Crisis in North Korea
How to Avoid Sanctions Risks A recent advisory issued by the U.S. Department of the Treasury’s Office of Foreign Assets ...
Asia-Pacific’s Link to the Russian Oligarchs
A Compliance Challenge On April 6, the U.S. imposed economic sanctions on a number of Russian individuals and entities (specially ...
Practical Steps for Compliance with NYDFS Regulation Part 504
5 Actions to Take Now With the New York State Department of Financial Services (“DFS”) Part 504 regulation’s first annual ...
Validating AML Models Under the NYDFS Part 504 AML Requirement
Enhancements Needed to Address Deficiencies April is fast approaching, and with it comes the deadline for certification with the New ...
- Philip R. Jacoby, et al. October 17, 2019SEC Obtains Final Judgment Against Former Executive Charged with Lying to Auditors
- Michael J. Starkweather and Andiamo Corporation, William White October 17, 2019SEC Charges Microcap Company and Two Former Chief Executive Officers with Securities Violations
- Kevin B. Merrill, et al. October 16, 2019Alleged Fraudster Sentenced to 22 Years in Parallel Criminal Case
