Corruption Crime & Compliance

Corruption Crime & Compliance

Episode 232 -- OFAC Settles with S&P Global for $78,750 for violation of Ukraine-Russia Sanctions

April 24, 2022

OFAC recently announced a settlement with OFAC for $78,750 for violations of the Ukraine-Russia Sanctions Program. The enforcement action provides important reminders relating to compliance with various "deby" maturity restrictions and how OFAC construes this restriction.

In this Episode, Michael Volkov reviews OFAC's enforcement action against S&P Global.