OFAC Guidance on the Statute of Limitations Extension https://t.co/TK7ktmpmRS #Money #Foreign #Federal @SPB_Global https://t.co/HKc6phTEoy
[AUDIO] Navigating U.S. Sanctions and Their Implications for Non-U.S. Individuals and Entities https://t.co/7wjb0nBovg | by @agglaw
OFAC Guidance on Extending the Statute of Limitations for Sanctions Violations Signals Aggressive Enforcement https://t.co/iH3NshVv1S | by @blankromellp
The U.S. Treasury has released its 2023 Annual Report on the Committee on Foreign Investment in the United States (CFIUS), highlighting key developments in foreign investment regulation. Additionally, the Office of Foreign Assets Control (OFAC) has introduced a new and extended statute of limitations for sanctions violations, signaling a shift towards more aggressive enforcement. This guidance indicates that the enforcement of sanctions will be more stringent, affecting both U.S. and non-U.S. individuals and entities. Legal experts are advising on the implications of these changes, emphasizing the importance of compliance in navigating U.S. sanctions.
