We recently authored an article regarding U.S. sanctions compliance best practices. The article addresses:
- Who is subject to U.S. sanctions;
- Who is targeted by U.S. sanctions;
- What actions are prohibited with sanctioned parties;
- How to apply for authorization to perform prohibited activities;
- The penalties that can be imposed for U.S. sanctions violations; and
- Best practices for complying with U.S. sanctions.
The full article, “Understanding and Complying with OFAC Regulations,” was published by Lexis Practice Advisor®.