Gil Travel Enforcement Action Teaches Lesson About Compliance
On October 27, 2015, the United States Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) issued a web…
Understanding How Sanctions Work: Penalties and U.S. Jurisdiction
In the debate surrounding whether Congress should accept or reject a nuclear deal with Iran, there have been a surplus…
Discover and Wells Fargo Banks Settle OFAC Violations
Last week the United States Department of the Treasury Office of Foreign Assets Control (“OFAC”) issued a civil penalties report.…