OFAC: A Year in Review and Global Enforcement Trends

September 14, 2020 2:00pm

Senior Representative (invited)
Office of Foreign Assets Control
US Treasury Department

Michael Casey
Partner
Kirkland & Ellis LLP (UK)

The year 2019 witnessed a substantial increase in OFAC civil-penalty enforcement actions compared to the last decade. These actions indicate that OFAC is expanding its scope beyond financial institutions and targeting a variety of different industries. This session will provide you with both trends and guidance to ensure you remain proactive in implementing a robust compliance programme and stay abreast of the continually evolving sanctions landscape.