The US Treasury and Federal Banking Agencies (FBAs) have published a fact sheet on foreign correspondent banking, summarising key areas of federal supervisory and enforcement practice (link here). In relation to sanctions, the fact sheet says that: The largest OFAC penalties have followed a sustained pattern of serious sanctions violations, with intentional evasion of sanctions or failure by senior management…...
For all site-related issues, including subscription and payment issues, please contact info@europeansanctions.com.
Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters &...