Search results
Supply Chain and Sanctions Compliance (Part III of IV) | JD Supra
JD Supra· 18 hours 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 ...
New Statute of Limitations Impacts M&A and International Trade Compliance | JD Supra
JD Supra· 18 hours 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 ...
Flex says no action by OFAC into possible sanctions violations
Compliance Week· 4 days agoIn its annual report Friday, Flex said it self-disclosed to OFAC “possible noncompliance with U.S....
New Sanctions Measures Regarding Russia Serve as a Reminder That Failing to Comply with Sanctions...
JD Supra· 4 days agoOn May 1, 2024, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) and the U.S. Department of State sanctioned nearly 300 individuals ...
The Same Old Song with a Different Meaning — Third-Party Risks and Sanctions Compliance (Part I of...
JD Supra· 3 days agoThe Four Tops sang the “Same Old Song, with a Different Meaning” (released in 1965 — Video Here). Legal and Compliance bloggers, compliance vendors, prognosticators ...
OFAC Revamps Reporting Requirements | JD Supra
JD Supra· 3 days agoOn May 10, 2024, OFAC issued an IFR that would amend its Reporting, Procedures and Penalties Regulations (RPPR) at 31 C.F.R. Part 501 to, among other things, modify certain ...
A Financial Professional's Guide to Consensus 2024
CoinDesk via Yahoo Finance· 1 day agoGrab your tickets here for Consensus 2024, in Austin, Texas, May 29-31. See also: Wednesday, May 29 OFAC Sanctions Compliance: The Good ...
Current State of U.S. Export Controls in Response to the Russian Federation’s Invasion of Ukraine -...
JD Supra· 2 days agoIn response to Russia’s invasion of Ukraine, the U.S. government has deployed a whole-of-government approach to impose sanctions and tighter export controls on Russia. This ...
U.S. Congress Extends Statute of Limitations for Economic Sanctions Violations, Implements...
The National Law Review· 6 days agoL. 118-50) that includes several national security and foreign aid provisions, including the 21st...
New 10-Year Statute of Limitations for U.S. Sanctions Violations
The National Law Review· 6 days agoOn April 24, 2024, President Biden signed into law H.R. 815[1], an emergency supplemental...