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Leveraging OFAC Guidance: A Comprehensive Guide for Sanctions Lawyers
As an OFAC sanctions lawyer, the Office of Foreign Assets Control (OFAC) is a key regulatory agency you must be familiar with. Part of the U.S. Department of the Treasury, the OFAC’s guidance is instrumental in ensuring compliance with U.S. sanctions laws. Understanding and Read more »
OFAC Compliance Programs and Best Practices
In an era of growing regulatory scrutiny, businesses operating in international markets cannot afford to overlook the importance of robust compliance programs. One area of critical importance is complying with the regulations of the Office of Foreign Assets Control (OFAC). Develo Read more »
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 »
