The Department of the Treasury’s Office of Foreign Assets Control (OFAC) was quite active over the course of 2012. We’ve seen everything from general license publications to the release of civil penalties, along with anti-terrorism designations and a countless number of executive orders. But those OFAC actions pale in comparison against the actual sanctions it handed down during 2012. Let’s recap a few specifics:
- 72 OFAC updates
- 16 penalties or settlements issued for a total of more than… [more]
The Department of the Treasury’s Office of Foreign Assets Control (OFAC) was quite active over the course of 2012. We’ve seen everything from general license publications to the release of civil penalties, along with anti-terrorism designations and a countless number of executive orders. But those OFAC actions pale in comparison against the actual sanctions it handed down during 2012. Let’s recap a few specifics:
- 72 OFAC updates
- 16 penalties or settlements issued for a total of more than… [more]