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Penalties for OFAC Violations

Economic sanctions are now a fundamental tool of foreign policy and national security for many countries. Sanctions influence the behavior of states, organizations, and individuals that violate international standards. In the United States, the Office of Foreign Assets Control (O Read more »

Introduction to OFAC and Its Role: A Primer for Sanctions Lawyers

Operating under the U.S. Department of the Treasury, the Office of Foreign Assets Control (OFAC) is instrumental in implementing and enforcing economic and trade sanctions across the United States. OFAC’s mission – to safeguard national security and advance foreign po Read more »
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