A troubling series of breaches of U.S. firms and agencies could intensify friction between Washington and Beijing as Donald ...

As non-compliance with OFAC sanctions can significantly undermine the integrity and effectiveness of U.S. sanctions programs and jeopardize U.S. foreign policy and national security efforts ...

U.S. sanctions laws present complex conflicts with state insurance laws. While state laws govern the timely payment of claims and other ...

SkyGeek voluntarily disclosed some of the potential violations, which OFAC called non-egregious. The agency said it could have imposed a maximum civil penalty of more than $2.2 mi ...

The Treasury Department's Office of Foreign Assets Control (OFAC) administers and enforces economic sanctions imposed by the United States against foreign countries. Depending on the country, OFAC ...

In one instance, a sales agent in the UAE sought a customized group policy ... ALICO’s compliance framework. The apparent violations totaled $446,077 in premiums and claims, but OFAC ultimately ...

Under certain state laws, the following statements may be required on this website and we have included them in order to be in full compliance with these rules. The choice of a lawyer or other ...

A California musical instrument manufacturer will pay $41,591 to settle allegations that it violated U.S. sanctions against Iran, including by shipping instruments and accessories that it knew were ...

Aiotec will have to submit an itemized compliance program budget to OFAC each year and have its compliance program audited annually by an independent third party. OFAC noted the violation was ...