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OFAC Compliance and FinCEN’s Guidance

OFAC Compliance: Lessons Learned from FinCEN’s ‘Culture of Compliance’ Guidance Aug. 15, 2014 The mission of the Financial Crimes Enforcement Network (FinCEN)

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Burma Sanctions: Frequently Asked Questions

The following blog is excerpted from an interview with an OFAC lawyer in which he discusses Burma’s country-based sanctions. What are the

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Family Remittances: Frequently Asked Questions

The following is an excerpt from a recent interview in which OFAC Sanctions Attorney discusses family remittances and how they relate to

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BofA to Pay $16.5 Million for OFAC Violations

On July 24, 2014 Bank of America, N.A. entered into a settlement agreement  (pdf) with the Office of Foreign Assets Control (OFAC)

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Indictment Alleges Virginia Women Supported Terrorists

On July 23, 2014 federal law enforcement authorities arrested three women on charges that they provided material support to al-Shabaab.  Those three

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