Global Investigations Review - The law and practice of international investigations

OFAC’s rare loss puts spotlight on public statements

By Michael Griffiths

03 January 2020

OFAC’s rare loss puts spotlight on public statements Credit: istock.com/Lanier

A court’s dismissal of ExxonMobil’s $2 million fine for alleged Russian sanctions violations could make the US Treasury Department rethink how it issues compliance advice.