Sanctions in the Time of COVID-19

On April 20, the U.S. Treasury Department said it would consider the Coronavirus pandemic’s impact of potentially reducing corporate resources as a mitigating factor in determining the appropriate response to sanctions violations.  Something else was left unsaid. OFAC’s Notice The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC), which administers and enforces U.S. trade...… Continue Reading

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