OFAC
Vessel Due Diligence: The Major Sanctions Risks FIs Face
FIs have many risks complying with OFAC maritime sanctions, including the "dark fleet". Read about the economic and environmental risks.
U.S. Office of Foreign Assets Control (OFAC) FAQ 1151
OFAC FAQs surrounding Executive Order 14024
What We Can Learn From the Kuvera Resources v. JPMorgan Chase Bank Case
Learnings and reflections from the Kuvera Resources v. JPMorgan Chase appeal from 2023.
U.S. Office of Foreign Assets Control (OFAC) FAQ 973
OFAC FAQs about foreign financial institutions sanctioned pursuant to EO 14024
OFAC Sanctions 4 Entities for Aiding Sudanese Conflict
On 1 June 2023, the US Treasury’s Office of Foreign Assets Control (OFAC) designated for sanctions controls four companies
DCW Catches Up With Stefan Tryggvason, Chief Executive Officer of China Systems
DCW Interviews Stefan Tryggvason about global supply chain
Vessel Ownership, Trade Finance and Regulatory Compliance
This paper explores vessel risk based upon whether Group Ownership information is known or unknown for each vessel alongside identified compliance behavior.
2023 ICC Banking Commission Annual Meeting: Executive Summary
The ICC Banking Commission held its 2023 Annual Meeting on 18-19 April 2023 via Zoom, and the DCW Executive Summary follows.
Euros Instead of Dollars Due to Force Majeure Clause?
Court of Appeal allows payment in Euros despite contract in US Dollars. Implications for LCs & guarantees? RTI vs. MUR case questions currency and force majeure clauses' role in trade finance.
December 2022 - ABA/ABA Financial Crimes Enforcement Conference: Executive Summary
24 concurrent breakout sessions addressing a wide range of specific areas impacting financial crime enforcement, and breakfast and luncheon presentations.
