Firms Fined for Failing to Maintain IP Address Blocking Tools
Jacob Parker, ACSS Reporter
December 17, 2022
OFAC
Disclosure Cuts Fine for Firm Using Bank and Dollar
David Williams, ACSS Editor
April 30, 2022
Has US Sanction Policy Changed Under President Biden?
Robert L. Williams III, CAMS, Consultant
January 22, 2022
COVID-19, Humanitarian Aid, and Sanctions Compliance
COVID-19, Humanitarian Aid, and Sanctions Compliance
May 18, 2020 By: Natasha Bright, Content Writer, ACSS There has long been debate over the heavy-handed use of economic sanctions and whether the ends truly justify the means. In the midst of a global pandemic, however, that question has become...
Three Designations and a Removal: Recent Major Companies Targeted by OFAC and Their Implications
Three Designations and a Removal: Recent Major Companies Targeted by OFAC and Their Implications
May 15, 2020 By: Anna Sayre, CSS, Director of Content, ACSS No matter how large or influential, any company that violates sanctions runs the risk of being placed on the U.S. Treasury Office of Foreign Assets Control (OFAC)’s Specially Designated...
Six Compliance Lessons for Non-Banks from Recent OFAC Enforcement Actions
Six Compliance Lessons for Non-Banks from Recent OFAC Enforcement Actions
April 20, 2020 By: Jack Walsh, Reporter, ACSS Recently, the Office of Foreign Assets Control, or OFAC, has heightened its focus on industries outside the financial sector. The vast majority, over 70 percent of enforcement actions announced by...
Steady Increase in OFAC Enforcement; A Shift Towards Unilateral Sanctions; A New Focus on International Trade; and much more, according to Accuity.
Steady Increase in OFAC Enforcement; A Shift Towards Unilateral Sanctions; A New Focus on International Trade; and much more, according to Accuity.
February 3, 2020 By: Anna Sayre, CSS, Director of Content, ACSS The global sanctions landscape is in a constant state of flux. From the U.S.’ stern outlook on Iran to the E.U.’s ever-tightening sanctions on Russia, our current global climate is...
OFAC in 2019: Enforcement Actions Spotlight Cuba, Mergers and Acquisitions
OFAC in 2019: Enforcement Actions Spotlight Cuba, Mergers and Acquisitions
January 25, 2020 By: Natasha Bright, ACSS Reporter The U.S. Office of Foreign Assets Control had a very busy year. The agency handed out a record $1.28 billion in penalties in 26 settlements. The enforcement actions provide insight into what was...
Regulators Worldwide Set Their Sights on Crypto
Regulators Worldwide Set Their Sights on Crypto
December 2, 2019 By: Natasha Bright, ACSS Reporter The past year has seen a flurry of new regulations, laws, and guidance documents on cryptocurrencies. The Office of Foreign Assets Control (OFAC), the European Union (EU), the Financial Action...
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