News

OFAC enforcement information for first 2 months of 2020

12/03/2020

The U.S. Department of the Treasury provides regular updates on the penalties that have been imposed due to a failure to comply with regulations such as country sanctions and global terrorism sanctions. For the first two months of 2020, the value of fines imposed was USD8,966,790 in respect of three settlements.

For 2019 as a whole, the figure was USD1,289,027,059 in respect of twenty six settlements, two of which were over USD600million. 

Details can be found in thge following link: OFAC Penalty Information


Back to recent news

Recent News

ICC Trade Advisory Briefing list updated 28/08/2025

The list of ICC Trade Advisory Briefing notes has been updated with numbers 13 and 14...more

TradeSpeed - the Automated Document Examination platform of choice 22/08/2025

I have mentioned previously that I have been acting as an advisor/consultant to a company called Complidata who are based out of Belgium...more