“Sanctions for Sanctions Violation”: U.S. Department of Treasury Enforcement Actions Against the Financial Sector

.... has imposed sanctions. Key Concepts and Scholarship Overview Economic sanctions consist of a set of restrictions in trade, finance, licensing, and other areas; these restrictions are used by the initiator state or by a group of such states against certain ... ... literature. Study Design The imposition of sanctions by the U.S. Department of the Treasury and its Office of Foreign Assets Control (OFAC) is extensively regulated by 2009 guidelines that set several important parameters. First, the amount of the fine depends ...