US sanctions compliance
US Export Controls for Non-US Companies
Avoid costly penalties by learning vital principles in export controls and dual-use goods. Any non-US entity trading globally, particularly with US-origin products, will benefit from Export Controls for Non-US Companies. The
Interactive Brokers fined nearly $12m for alleged US sanctions
Following an internal compliance review, the Connecticut-based brokerage firm voluntarily self-disclosed more than 12,000 apparent violations to OFAC, which deemed them "non-egregious".
A deep dive into US sanctions and the powers that regulate
This chapter surveys US economic and trade sanctions, with a particular focus on the authorities underlying US sanctions and the processes by which the US Department of the Treasury''s
The OFAC Guidance: Key Components and Best
Therefore, OFAC strongly encourages organizations subject to US jurisdiction and foreign entities that conduct business in or with the United States, US persons, or using US-origin goods or services to employ a risk-based
OFAC規制とは？対象国と法務がとるべきコンプラ
OFAC規制とは、米国の外交政策と国家安全保障を目的として実施される経済制裁の仕組みです。その影響範囲は広く、米国企業と取引のない日本企業にまで及びます。本記事では、OFAC規制の概要や対象者、法務部門が
Guernsey Financial Services Commission fines ITI
The Guernsey Financial Services Commission (GFSC) has fined ITI Trade Ltd £175,000 for sanctions and compliance failings, and ITI''s director £35,000. ITI Trade Ltd provided brokerage services.
Division for Counter Threat Finance and Sanctions
Economic Sanctions, Countering Terrorist Financing, Anti-Money Laundering, and Conflict Minerals The Division for Counter Threat Finance and Sanctions (TFS) is responsible for developing and implementing sanctions to
Real-time US sanctions pose fresh risks to banks, traders
The US government''s shift towards real-time sanctions enforcement for seaborne Iranian oil trade risks leaving banks and commodity traders exposed to high costs and gruelling litigation,
Sanctions considerations in cross-border
Assessing exposure to sanctions and broader financial crime risks is a critical diligence consideration when thinking of investing in any cross-border transactions. The continued expansion and increased complexity of sanctions
Mastering AML Regulations: Demystifying the
To ensure compliance, organizations must conduct regular checks against the OFAC sanctions list, especially during the onboarding process and when dealing with high-risk accounts. This requires a robust OFAC
