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 ...
Tag: Sanctions
Between Scylla and Charybdis: Chinese Banks Navigate PRC Secrecy Laws and US Subpoenas
Wendy Wysong and team discuss a recent U.S. court ruling that reinforces the well-understood rule that non-U.S. banks with branches ...
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 ...
The Helms-Burton Act: Maintaining Compliance with U.S. Regulations and Sanctions
The Trump administration’s policies toward Cuba have recently shifted, creating some urgency for U.S. firms that do business with the ...
Sanctions with Chinese Characteristics: PRC Government Threatens to Brand “Unreliable” Foreign Companies
The government of China recently announced its intentions to publish a list of foreign entities that harm the interests of ...
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 ...
SIX and Eagle Investment Systems Expand Alliance to Include Global Sanctions Data
Boston (April 30, 2019) – Switzerland-based data giant SIX and Eagle Investment Systems, a BNY Mellon company, today announced an ...
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 ...
Braving the M&A Sanctions Storm
Challenges Posed by New Sanctions SIX’s Oliver Bodmer discusses difficulties companies face in navigating compliance matters associated with the flurry of ...
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 ...
- Andrew J. Kandelapas August 20, 2019SEC Obtains Final Judgment Against CEO in Penny Stock Fraud Scheme
- Crystal World Holdings, Inc., et al. August 19, 2019SEC Charges Issuer for Misleading Investors in the Sale of Unregistered Securities
- Scott P. Strochak August 19, 2019SEC Charges Head Sales Agent in South Florida Alternative Investments Scheme
