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The insider view on worldwide sanctions enforcement

US food safety company reports US sanctions probe
US food safety company reports US sanctions probe

Food safety company Neogen says that it is under investigation by the Treasury Department over potential violations of US sanctions on Iran.

LafargeHolcim in talks with DOJ over Syrian payments
LafargeHolcim in talks with DOJ over Syrian payments

Swiss-French cement manufacturer LafargeHolcim says that it is negotiating a resolution to a US Department of Justice investigation into alleged payments made to terrorist organisations, including ISIS.

Singaporean shipping company challenges US sanctions
Singaporean shipping company challenges US sanctions

Strait Shipbrokers says the sanctions are at least partially based on faulty State Department intelligence and have set it back 15 years.

Major Turkish consumer goods company faces US sanctions probe

The Treasury Department is investigating Turkish consumer goods multinational Arçelik, which owns several prominent household appliance manufacturers, over its historic dealings in Iran.

Alfa Laval sanctions case gives foreign companies reason to be nervous

The US Treasury Department’s recent case against the UAE-based subsidiary of a Swedish heavy industries company signals an increasingly aggressive approach towards foreign companies involved in sanctions-busting schemes.

Payoneer reaches $1.4 million settlement for US sanctions non-compliance

Online money transfer company Payoneer, which went public in June, “failed to exercise a minimal degree of caution or care for its sanctions compliance obligations”, according to OFAC.

Global Investigations Review (GIR) is the hub for global coverage of corporate investigations and their aftermath. Keep up to date with significant developments in the corporate investigations world.

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Editor's picks
GIR’s In-House Investigator Series: Max Lerner at State Street
GIR’s In-House Investigator Series: Max Lerner at State Street

Max Lerner, who leads US bank State Street’s global sanctions and anti-bribery compliance efforts, tells GIR about the evolution of the sanctions compliance team, what keeps him up at night and the potential development that could significantly change his role.

US export control agency eying more robust enforcement
US export control agency eying more robust enforcement

“You’re going to see a new way in which cases are built,” said the former head of the Bureau of Industry and Security in an interview with GIR.

Xiaomi ruling to inspire more challenges to US sanctions
Xiaomi ruling to inspire more challenges to US sanctions

“It really makes you doubt the entire basis for these designations, it makes them seem much more politically motivated than based on national security concerns,” said one US corporate lawyer.

Companies eye structural changes amid bleak outlook for China trade restrictions
Companies eye structural changes amid bleak outlook for China trade restrictions

Multinationals are drawing up plans to sever their US and China operations amid fears that complying with trade restrictions could become impossible if relations between the two countries deteriorate further.

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The Enforcement Scorecard
The DC sanctions lawyers to have on speed dial

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