Understanding OFAC Licenses: Navigating U.S. Sanctions Compliance
OFAC Licenses: The Office of Foreign Asset Control (OFAC) is responsible for enforcing U.S. economic sanctions abroad. OFAC issues general & specific licenses which authorize certain activities that would otherwise be prohibited under the sanctions. An entity or individual providing foreign grants, services, or other forms of support in regions affected by U.S. sanctions must ensure compliance with OFAC regulations, as failure to do so could result in criminal and civil liability.
DATE: Tuesday, May 13
TIME: 7 PM EST/6 PM CST
