OFAC-Issued Guidance: A Sanctions Compliance Framework
If you are mystified by your company’s compliance responsibilities related to sanctions, there is help. In 2019 the Department of Treasury’s Office of Foreign Assets…
An OFAC Case Study
On November 25, 2019, Apple Inc. entered an agreement with the U.S. Department of Treasury to pay a civil penalty of $466,912. The fine is…
Are You OFAC Compliant? Or Do You Just Think You Are?
Threats to businesses abound, and given that accounts payable issues payments, it is a prime target for criminal perpetrators of all kinds. In addition to…
Avoiding the Men in Black – An OFAC Case Study
As she crossed the company parking lot early one morning, the director of shared services saw them. Men in black. Two of them. As she…