A Bumper Year for OFAC

... to find fault with even small things and non-obvious episodes. It should be said that the Department of the Treasury itself has done a lot of work to generalize the record of its investigations against violators. The Office of Foreign Assets Control (OFAC) has issued basic recommendations for companies, corporations and other organizations on how to control sanctions risks and develop corporate regulatory fitness programs . The document analyzes in detail the typical mistakes committed by businesses ...