Are Bank Compliance Officers Rendering OFAC Licensing Useless?
I have had some recent clients who we procured licenses from the United States Department of the Treasury’s Office of…
Why an OFAC License Is Not the End of OFAC Compliance
In my practice I have found that many people believe a license authorization issued by the United States Department of…
Game of Lists: OFAC SDN List vs. BIS Lists
A lot of time folks dealing with import-export compliance issues get confused by the lists; namely, the List of Specially…
New OFAC TSRA Quarterly Report Indicates Backlog
The United States Department of the Treasury Office of Foreign Assets Control (OFAC) issued its quarterly report on license determinations…