• Eliminating Terrorist Financing Without Damaging Legitimate Transactions
    Eliminating Terrorist Funding while Enhancing Legitimate Commercial Transactions and Family Remittances There is consensus that financing terrorism, via the international financial system,
  • A Closer Look at OFAC’s General License H
    General License H: OFAC’s New Authorizations Related to US Owned Foreign Subsidiaries Back in July (2015) the permanent members of the UN
  • Cash Purchases May Complicate Real Estate Buys From Sanctioned Countries
    Heightened Scrutiny of Real Estate Cash Purchases May Complicate Future Buys by Those Tied to Sanctioned Countries On January 13, 2016, the Financial Crimes
  • North Korea’s Global Weapons Proliferation Network Targeted by OFAC Sanctions
    On December 8th, 2015, the Treasury Department’s Office of Foreign Assets Control (OFAC) took aim at the North Korean government’s attempts to
  • OFAC Sanctions Prominent Japanese Yakuza Member
    On December 9th 2015, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued a press release designating Tadamasa
  • OFAC Sanctions Three Members of a Powerful Honduran Family and their Bank
    On October 7, 2015 the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced that it had made several
  • Navigators Insurance and The Importance of An OFAC Compliance Program
    OFAC Fines Navigators Insurance Company without Compliance Program for Apparent Violations of Various Sanctions Programs. Several interesting things stand out regarding OFAC’s
  • Can a Visit  To The New Cuban Embassy In Washington, DC Be Considered A Violation of U.S. Sanctions?
    After more than 53 years of hostility beginning with the outbreak of the Cuban revolution, diplomatic relations between the United States of
  • The U.S. Secondary Sanctions System
    Impact on European Banks and Companies The American sanctions system against the Islamic Republic of Iran found its origins some years after
  • Indicted, Extradited, and Sanctioned
    Legal & Practical Challenges to Representing Alleged Foreign Narcotics Traffickers Foreign nationals face several unique challenges when forced to appear in the