U.S. to Offer Renewed Car Audio Trade in Exchange for Iranian Concessions on Nuclear Program, Terrorist Financing
Yes, the title of this post is a joke. And no, you’re not reading a post from the Onion right…
Watch Your 602: OFAC Administrative Subpoenas and Non-U.S. Persons
If you have any experience dealing with OFAC, the United States Department of the Treasury’s Office of Foreign Assets Control,…
Rise of the Banks
While administration of U.S. economic sanctions is legally entrusted to the U.S. Department of the Treasury’s Office of Foreign Assets…
David Cohen’s Subtle, But Much Needed, Cry for Help
During Tuesday’s Senate Banking Committee hearing on Iran sanctions, New Jersey Senator Robert Menendez asked TFI Undersecretary David Cohen a…
#MaterialSupport: Is Hamas’ Twitter Account a Problem?
There was an interesting article in The Daily Beast this week written by renown Georgetown Law Professor David Cole. Professor…
U.S. Sanctions Week: August 1-8 2012
Last Wednesday, I stepped into a courtroom to handle a very short trial. When I came out of the daze…
Are Some Companies Running OFAC Compliance Like AML Compliance?
Even in this day and age of $619 million dollar penalties for violations of economic sanctions regulations administered by the…
President Obama Issues Human Rights IT Sanctions Against Parties in Iran and Syria
Today, President Obama signed an executive order which blocked the property and interests in property, and prohibited entry into the…
The Lifecycle of an OFAC Sanctions Program
One of the questions I get from time to time is where do sanctions administered by the United States Department…
More OFAC Information for the Insurance Industry
The previous blog posting we put up on OFAC compliance for the insurance industry received quite a bit of positive…