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U.S. Congress Extends Statute of Limitations for Economic Sanctions Violations, Implements...
The National Law Review· 8 hours agoL. 118-50) that includes several national security and foreign aid provisions, including the 21st...
No More Postcards to OFAC in 2024: Unpacking OFAC’s New Reporting Procedures
The National Law Review· 3 days agoOn May 10, 2024, The Office of Foreign Assets Control (OFAC) has released a new proposed rule which...
OFAC Expands Recordkeeping Requirements, Mandates Electronic Filings
The National Law Review· 4 days agoLast week, the Office of Foreign Assets Control (OFAC) announced proposed amendments to the...
US imposes sanctions on Russians who helped transport weapons from North Korea to Russia
Kyiv Independent via Yahoo News· 1 day agoWith Russia's military stocks running low and domestic production capacity simultaneously hampered...
Regulators Emphasize Pursuit of Enforcement Actions Against Non-U.S. Persons | Law.com
Law.com· 4 days agoDepartment of the Treasury’s Office of Foreign Assets Control (OFAC), the U.S. Department of...
DOJ and OFAC Sanctions and Export Control Detection Strategies | JD Supra
JD Supra· 4 days agoIn this new aggressive era of sanctions and export controls enforcement, companies need to understand the potential risks that DOJ and/or OFAC may identify ...
U.S. Goes After Firms Involved in Sanctioned Oligarch’s Attempt to Sell Stock
The Wall Street Journal· 3 days agoU.S. Treasury sanctions three financial firms and a Russian national that it says were part of a...
Treasury details oligarch-tied Russia sanctions evasion scheme
Compliance Week· 3 days agoThe Treasury’s Office of Foreign Assets Control (OFAC) designated Oleg Vladimirovich Deripaska in...
Statute of limitations extended for violations of U.S. sanctions | JD Supra
JD Supra· 2 days agoH.R. 815, which, in part, appropriated military funding to Israel, Taiwan, and Ukraine, and required the divestment of Chinese interests in TikTok, also would double the statute of limitations ...
New 10-Year Statute of Limitations for U.S. Sanctions Violations
The National Law Review· 12 hours agoOn April 24, 2024, President Biden signed into law H.R. 815[1], an emergency supplemental...