A Walking Tour of OFAC and the Primary U.S. Economic Sanctions Laws and Regulations

50 SW 12th St. (Brickell), Miami FL 33130
  • OFAC 101
  • A walking tour of the International Emergency Economic Powers Act (IEEPA) and Trading with the Enemy Act (TWEA), the vital underlying authorities for OFAC, to include coverage of:
  • Unusual and extraordinary threats and national emergencies
  • Exercise of Presidential authorities
  • Blocking and seizure of assets
  • Prison terms and penalties
  • Code of Federal Regulations 31 CFR 501: Reporting Procedures and Penalties Regulations, including Reports on Blocked Property and Reports by U.S. financial institutions on rejected funds transfers.
  • Role of Department of Commerce (BIS), Department of State and Other Agencies

Speaker: Peter Jeydel