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OFAC Enhances Sanctions on Russia and Its Procurement Networks Abroad

On November 2, 2023, the Treasury Department’s Office of Foreign Assets Control (“OFAC”) unveiled new sanctions targeting Russia’s energy production, metals and mining, and defense procurement sectors. OFAC also continued...more

Federal Agencies Publish Tri-Seal Official Guidance on Voluntary Self-Disclosure of Violations

On July 26, 2023, the U.S. Department of Justice (“DOJ”), the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”), and the U.S. Department of Treasury’s Office of Foreign Asset Control (“OFAC”) released a...more

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