OFAC sanctions compliance

Podcasts

Episode 123 -- 2019 OFAC Enforcement and Compliance Review

2019 was a big year for OFAC enforcement and compliance -- OFAC collected $1.28 billion in fines and penalties in a total of 26 separate enforcement actions. OFAC also issued important compliance program guidance, mandating a number of important requirements for compliance programs. OFAC's enforcement record for 2019

General

Putting Together Your Sanctions Compliance Program: Management Commitment (Part I of IV)

If you follow my blog, you know I am not one to embrace hyperbole. So, forgive me for stretching a little here, but the OFAC Framework for Sanctions Compliance Programs is a game changer. Let me explain why I am saying that. When it comes to sanctions compliance programs, most