Ferrari & Associates, P.C.
Three Tips for Filing an OFAC License Application to Unblock Funds
17/03/2019 Every day, funds transfers are blocked by U.S. financial institutions and others due a belief that the blocking is necessary for compliance with U.S…
Common Problem, Uncommon Consequence: The State Street Bank and Trust OFAC Enforcement Matter
03/06/2019 Last week, the United States Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) announced the issuance of a Finding of Violation…
Shock Gen: The Dangers of the OFAC Voluntary Self-Disclosure
02/12/2018 Last week, the United States Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) announced a settlement with Société Générale S.A…
Did OFAC Have the Authority to Penalize TransTel?
11/08/2017 On July 27, 2017, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced a settlement agreement with CSE…
Conviasa: Is OFAC Closing the Cabin Door?
15/02/2020 Last week, the United States Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) identified Consorcio Venezuelano de Industrias…