Specific License Granted for Payment from SDN List Client
The OFAC Law Group was granted an OFAC specific license to obtain payment from an SDN client. The payment structure fell outside of the authorization of the general license to receive legal fee payments from an SDN person. Law firms must review the limitations of relevant authorizations to receive payment from SDN persons. SDN list removal is an extensive and complex process. Lawyers may need to obtain a specific license from OFAC prior to receiving payment from their client.