US Strengthened And Expanded Economic Sanctions In 2019

Law360 (December 10, 2019, 5:24 PM EST) -- In 2019, U.S. regulatory developments and enforcement related to sanctions continued at a breakneck pace. In addition to strengthening existing sanctions targeting Venezuela and Cuba, the U.S. Department of the Treasury's Office of Foreign Assets Control published new sanctions compliance program expectations and expanded the scope of sanctions-related reporting requirements for U.S. persons.

OFAC also flexed its enforcement muscle, imposing nearly $1.3 billion in monetary penalties, while laying the groundwork for further, aggressive enforcement of sanctions violations committed by non-U.S. subsidiaries, affiliates and portfolio companies.

Regulatory Developments

Venezuela

The administration of President Donald Trump significantly strengthened U.S. sanctions against Venezuela through...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!