OFAC Regulations and the Economic Sanctions Compliance | Legal Education US by learnformula
OFAC Regulations and the Economic Sanctions Compliance
OFAC Regulations and the Economic Sanctions Compliance Programs: Best Practices
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About this course
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The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has been aggressively enforcing culpable businesses that violate its regulatory policies. As part of these efforts, the framework for OFAC Compliance Commitments was published in May 2019 to define the essential elements of an effective economic sanctions compliance program. Furthermore, stringent enforcement actions continue to take place even amidst the growing implications brought by the pandemic.
Thus, companies doing business internationally should take proactive steps in ensuring up-to-date OFAC and economic sanctions compliance programs to avoid legal liabilities.
Join international trade attorneys Audi Syarief (Gibson, Dunn & Crutcher LLP) and Jasmine Zaki (ArentFox Schiff LLP) as they examine current and emerging trends and developments in OFAC regulations and economic sanctions compliance programs. Speakers will also share common regulatory issues and challenges as well as essential tips to efficiently implement OFAC compliance policies and procedures.