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: Sanctions
Global Shipping & Maritime Industry: The Increasing Complexity of Sanctions on the Risk Control Framework
In the last two years, the United States and its international allies have significantly increased the use of sanctions against ...
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 ...
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 ...
- 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
