Tag: Office of Foreign Assets Control (OFAC)

How prepared is your organization for the new era of heightened sanctions activity? Annual sanctions report Sanctions Pulse: Looking Back ...

First federal court review of SDN list designation of DeFi crypto mixer raises new legal questions

While FCPA enforcement actions undertaken by the SEC tend to be attention-grabbing, and for good reason, another federal office is ...

Global financial regulators levied 97 fines in the first half of 2023, totaling more than $189 million, representing a huge ...

As the third in a triumvirate of releases on compliance programs, the DOJ's Antitrust Division released its antitrust compliance program ...

Russia cranked up its gold production to offset previous international sanctions; now, the U.S. and a group of international allies ...

As the people of Ukraine continue to hold out against the Russian invasion, the Biden Administration, in partnership with allies ...

It's the most detailed statement to-date of OFAC’s views on the best practices that companies should follow to ensure compliance ...

OFAC has brought two enforcement actions against digital currency services providers in as many months – the latest, against BitPay, ...

With OFAC’s reach lengthening in the past few years, organizations should play close attention to their sanctions compliance program (SCP). ...

ForteBank CCO Timur Mussin continues a discussion on the real cost of noncompliance with a look at the various penalties ...

COVID-19 has caused a significant shift in the way financial institutions are doing business. Fenergo’s Rachel Woolley discusses what they ...