In an interesting end of year decision, issued on December 31, 2019, a District Court in Dallas issued a rejected OFAC’s enforcement action against Exxon Corporation imposing a $2 million penalty for ...
The U.S. Treasury Department has imposed sweeping sanctions on members of an alleged human smuggling network based in Mexico that it says trafficked people from four continents using yachts, hotels ...
Over the last decade, the Office of Foreign Assets Control (OFAC) has imposed $4.3 billion in civil money penalties. But did you know that businesses other than banks received 81% of these fines last ...
On November 7, 2019, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced in an Enforcement Information that Apollo Aviation Group, LLC (Apollo), a Florida-based ...
The historic Merge upgrade from Sept. 2022 — which marked Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoS) — resulted in the overall decline in compliance with standards laid ...
The percentage of Ethereum blocks complying with orders set by the United States Office of Foreign Asset Control (OFAC) has now fallen to 47% — the lowest level since Oct. 11. The latest milestone in ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
https://www.thehindubusinessline.com/money-and-banking/banks-want-ofac-cell-created-in-dfs-to-deal-with-sanctions-related-advisories/article68297270.ece Copy Banks ...
At a status conference in Manhattan on Tuesday, District Judge Katherine Polk Failla initially waffled on whether she would allow expert witnesses to testify about the sanctions, which were initially ...
Calling all CISOs and CISSPs, all of you CCNAs, GIACs and CEHs: do you need another acronym to remember, along with HIPAA, FISMA, COBIT, GLBA, FERPA and PCI? Probably not! But try this one on for size ...
A Houston-based freight forwarder company. Fracht FWO Inc.. will have to pay $1.61 million for violating U.S. sanctions tied to Venezuela and Iran, according to a Sept. 3 announcement from the ...
In the last two decades, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed a series of substantial sanctions. OFAC sanctions are increasing in number and ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback