THE JOURNAL OF EXPORT CONTROLS AND SANCTIONS

Issue 76, February 2019

USA: Enforcement action round-up

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By Kevin Petrasic, Paul Saltzman, Nicole Erb, Jeremy Kuester, Cristina Brayton-Lewis and John Wagner, White & Case www.whitecase.com   Enforcement actions taken by the Office of Foreign Assets Control (‘OFAC’) in late November/December 2018 included: Settlement with US holding company for apparent violations of Belarus sanctions On 20 December 2018, OFAC announced a US$7.8 million settlement with a US holding company to settle potential civil liability for 26 apparent violations of the Belarus Sanctions Regulations.1 OFAC found that between 18 January 2012 and 27 October 2015, the holding company and/or one of its US subsidiaries violated the Belarus Sanctions Regulations by...

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