US OFAC issues guidance on sanctions compliance services

Posted on January 14, 2017
Archive : January 2017
Category : News

New guidance issued by the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) clarifies that U.S. attorneys, compliance personnel, and others are not prohibited from providing services related to compliance with U.S. sanctions laws, even where sanctions would otherwise prohibit U.S. persons from direct or indirect involvement in the underlying business activities.  To read more from our CC&I team, click here.