Compliance Commitments News Today

In recent years, economic sanctions have become an increasingly important U.S. foreign policy tool and the digital asset industry has become a key focus of sanctions regulators and prosecutors.

On June 20, 2023, the Department of the Treasury's Office of Foreign Assets Control (OFAC) announced an enforcement action against Swedbank Latvia AS, headquartered in Riga, Latvia (Swedbank Latvia or the Bank)...

In response to Russia's invasion of Ukraine, the United States and dozens of its allies and partners around the globe have imposed what the White House...

Foreign businesses must give serious and continuing attention to having substantial policies and procedures in place to insure compliance with U.S. sanctions and, thereby, to avoid U.S. Treasury Department’s Office of Foreign Asset Control enforcement actions.

Foreign businesses must give serious and continuing attention to having substantial policies and procedures in place to insure compliance with U.S. sanctions and, thereby, to avoid U.S. Treasury Department’s Office of Foreign Asset Control enforcement actions.

In recent years, the U.S. government has become increasingly focused on regulating the use of virtual currencies as a means of addressing a host of financial crimes and malign activities.