Global Investigations Review

Indonesian company agrees to pay $1.6 million to settle DOJ sanctions probe

The Justice Department’s settlement with Bukit Muria Jaya was announced a few days after OFAC revealed its existence in a related enforcement action.

US Treasury sparks confusion with China sanctions “guessing game”

The Treasury Department’s guidance on the China Military Companies Sanctions has been described by one expert as “truly bizarre”.

Indonesian paper manufacturer settles US sanctions probe

An Indonesian company has entered into a settlement with US authorities for exporting nearly $1 million worth of cigarette paper to North Korea.

Ex-US sanctions official: Biden to mirror Trump’s approach minus the “flourishes”

Ex-OFAC chief counsel Charlie Steele spoke to GIR about the future of US sanctions, his move back to private practice and why he chose not to join a law firm after leaving …

US confiscates millions tied to Iranian sanctions evasion scheme

US authorities seized funds used in a failed attempt to purchase the Sheraton Hotel in Tbilisi from a UAE sovereign wealth fund.

French bank slapped with $8.6 million penalty in US sanctions probe

The US Treasury Department's first sanctions enforcement action of 2021 is its largest in over a year.

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Editor's picks

US companies’ foreign subsidiaries continue to pose major sanctions risk

The Treasury Department has underscored through penalties it has handed down this year for sanctions violations that US-based companies must subject their foreign subsidiaries to intense scrutiny.

UK export control regime an enforcement “backwater”

The UK authority responsible for punishing the unlawful export of goods has opened fewer than five criminal investigations in each of the past three years.

Companies face stricter conditions to throw off US sanctions

The US Treasury Department has recently begun demanding that companies show evidence of how they will ensure ongoing compliance with US sanctions before it will remove them from banned entities lists.

Double monitorship in OFAC settlement draws attention

The generous fine discount that the US Treasury Department handed a cookware coating producer that appointed two independent compliance monitors could represent a new avenue for companies looking to cut down potential monetary penalties for sanctions violations.

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The DC sanctions lawyers to have on speed dial

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