We recently authored an article outlining steps a company should take to respond to a U.S. sanctions violation. The following actions are recommended:

• Implement immediate remedial actions
• Decide whether to self-disclose
• Scope the internal investigation
• Take corrective action
• Negotiate with OFAC

The full article, “Responding to an OFAC Violation,” was published by Lexis Practice Advisor®. This article appeared as part of a series of practice notes for Lexis Practice Advisor®; other articles included:

• “Understanding and Complying with OFAC Regulations”