By Maya Lester KC & Michael O’Kane

US compliance note on voluntary self-disclosure of sanctions / export controls violations

OFAC, BIS, and DOJ yesterday issued a tri-seal compliance note focusing on the voluntary self-disclosure (VSD) policies that apply to US sanctions, export controls, and other national security laws, including recent updates to certain of those policies (press release, notice), stating: Self-disclosing potential violations can provide significant mitigation of civil or criminal liability, e.g. a presumption in favour of a …

United StatesUnited States

About Michael O'Kane

For all site-related issues, including subscription and payment issues, please contact
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 &...

See profile for Michael O'Kane >

Share this page on: