Search results
JD Supra: OFAC Reimposes Venezuela Oil and Gas Sector Sanctions but Leaves Door Open for Possible...
JD Supra· 4 days agoDepartment of the Treasury’s OFAC replaced GL 44, which had previously authorized transactions related to oil or gas sector operations in Venezuela, with a limited wind-down ...
JD Supra: OFAC Signals Willingness to Use FinCEN Whistleblower Incentive Program for Sanctions...
JD Supra· 2 days agoBoth reference the Financial Crimes Enforcement Network's (FinCEN) whistleblower program, signaling OFAC’s willingness to rely on whistleblowers as another source to initiate ...
The Magnificent Seven: Important Ways to Mitigate Your Third-Party Sanctions Risks (Part IV of IV) |...
JD Supra· 19 hours agoDubai proximity to Iran is a classic example), transshipment points and other financially viable locations should be the focus of every sanctions compliance
Supply Chain and Sanctions Compliance (Part III of IV) | JD Supra
JD Supra· 6 days agoWhile OFAC’s enforcement actions and guidance points to important steps exporters must take when relying on third-party distributors and other intermediaries, the “reason ...
JD Supra: U.S. Reversal Of Venezuela Sanctions Relief: Status And Implications
JD Supra· 3 days agoThis reversal demonstrates the dynamic nature of U.S. sanctions in general, the fragile nature of sanctions relief in particular, and the imperative for ...
JD Supra: OFAC Issues Two Determinations Prohibiting Dealings in Certain Metals of Russian Origin;...
JD Supra· 2 days agoOFAC announced two new Determinations. One bans the import into the U.S. of aluminum, copper, and nickel originating in Russia, while the other outlaws the provision of certain ...
A Financial Professional's Guide to Consensus 2024
CoinDesk via Yahoo Finance· 6 days agoGrab your tickets here for Consensus 2024, in Austin, Texas, May 29-31. See also: Wednesday, May 29 OFAC Sanctions Compliance: The Good ...
New Statute of Limitations Impacts M&A and International Trade Compliance | JD Supra
JD Supra· 6 days agoThis change expands the enforcement window for agencies with jurisdiction over international trade activities which may apply the SOL retroactively. As a narrow point, the U.S. Department of ...
Money Laundering, Terrorist Financing, and Investment Advisors – Yes, Financial Crime is Borderless...
JD Supra· 5 days agoThere is a growing acknowledgement that money laundering and terrorist financing is borderless and legal entity-agnostic, just as it is already known that cybercriminals and the means to commit ...
U.S. Credit Unions Adopt Tokenization of Real World Assets
Cryptonews· 4 days agoTraditional banks may still dominate the financial industry in terms of assets held, but credit...