By Maya Lester KC & Michael O’Kane

Enforcement

If OFAC finds a sanctions breach, OFAC will in most cases issue civil monetary penalties and/or a cautionary letter, a finding of a violation, or other administrative actions e.g. a licence denial or a cease and desist order.  Most cases are resolved by settlement. The Department of Justice enforces criminal US sanctions violations, usually, but not always, on referral from…...

This content is for subscribers only

To continue reading please login or subscribe.

Share this page on: