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
The Zoltek Experience: Six Lessons for U.S. Companies with Foreign Subsidiaries
The Zoltek Experience: Six Lessons for U.S. Companies with Foreign Subsidiaries
February 4, 2019 By: Scott Nance and George Voloshin On December 20, 2018, the Office of Foreign Assets Control (OFAC) published a penalty notice and settlement agreement with Zoltek Companies, Inc., a U.S. producer of carbon fiber. OFAC found...
Wake Up To Sanctions
Wake Up To Sanctions
November 19, 2018 SanctionsAlert.com Sanctions Round Up US Imposes Sanctionson 17 Saudis for Alleged Role in Khashoggi Killing, but Prince Stays Clear On November 15, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC)...
OFAC’s $1.5M Epsilon Fine Provides Four Vital Lessons to U.S. Exporters to Iran
OFAC’s $1.5M Epsilon Fine Provides Four Vital Lessons to U.S. Exporters to Iran
October 3, 2018 By: SanctionsAlert.com On September 13, 2018, Epsilon Electronics Inc, a car audio and video equipment manufacturer, agreed to pay the U.S. Treasury’s Office of Foreign Assets Control (OFAC) $1,500,000 to settle a case related to...
Wake Up To Sanctions
Wake Up To Sanctions
SanctionsAlert.com Sanctions Round Up November 17, 2017 EU removes FARC from terrorist list; imposes first set of sanctions on Venezuela On November 13, 2017, the E.U. removed Colombian guerilla group FARC from its terrorism sanctions list...
OFAC Enforcement Actions By the Numbers: What Makes a Penalty?
OFAC Enforcement Actions By the Numbers: What Makes a Penalty?
Cuba, Iran, Sudan Top the List of OFAC Actions; Recent Trend Suggests Voluntary Disclosure Could Mitigate Penalty Amount November 7, 2017 By Anna Sayre, SanctionsAlert.com The dread of an OFAC penalty is something that no institution or company...
OFAC Enforcement Actions By the Numbers: Who’s At Risk?
OFAC Enforcement Actions By the Numbers: Who’s At Risk?
Recent Up Tick in Number of OFAC Enforcement Actions against IT/telecom, Offshore Services; California, New York and Texas Companies Most At Risk October 20, 2017 By Anna Sayre, SanctionsAlert.com Are you a business that thinks OFAC only takes...
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