News & Analysis as of September 18, 2024

Human Trafficking & Slave Labor › Office of Foreign Assets Control (OFAC)

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Hard to imagine that human trafficking and slavery still exists today, and yet they do. Here's a look legal developments in the important fight against what President Barack Obama has described as "one... more +

Sanctions are the “New” FCPA – How this Era of Enforcement Shapes Third-Party Risk Management

NAVEX on 6/11/2024

In the summer of 2022, Deputy Attorney General Lisa Monaco – a veteran prosecutor and currently number two at the helm of the U.S. Department of Justice (DOJ) – began to describe the enforcement of sanctions regulations as...more

Navigating the Complexities of Forced Labor Laws: ArentFox Schiff's 2024 Guide for Global Businesses

ArentFox Schiff on 3/7/2024

In the last few years, changes to the United States enforcement stance on the forced labor import ban authorized by 19 U.S.C. § 1307 and passage of the Uyghur Forced Labor Prevention Act (UFLPA) have fundamentally changed the...more

OFAC sanctions Mexico-based human smuggling organization

Orrick, Herrington & Sutcliffe LLP on 7/10/2023

The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) recently announced sanctions pursuant to Executive Order 13581 against a human smuggling organization, and several individuals and entities in its support...more

English Court rules on first sanctions de-listing case under the Sanctions and Anti-Money Laundering Act 2018

Dechert LLP on 3/31/2023

In a recent judgment, the English High Court for the first time ruled on a sanctions de-listing case under Section 38 of the Sanctions and Anti-Money Laundering Act 2018 (“SAMLA”). Following the UK’s departure from the EU,...more

U.S. Government Takes A Hard Line to Stop Human Rights Abuses With Clear Signals to Industry

Torres Trade Law, PLLC on 10/27/2021

View PDF Version of Article In recent years, the U.S. Government (“USG”) has taken numerous actions to target forced labor and other human rights violations, with a significant increase in 2020 and early 2021. These include...more

FinCEN Announces National AML/CFT Policy Priorities

Holland & Knight LLP on 7/7/2021

The Financial Crimes Enforcement Network (FinCEN) on June 30, 2021, issued national priorities for anti-money laundering (AML) and countering the financing of terrorism (CFT) policy (the Priorities), as required by the...more

Scared Of Your Clients’ Involvement With Cryptocurrency?

McGlinchey Stafford on 5/28/2021

Cryptocurrency, and its most-noted asset Bitcoin, has been breaking into the mainstream press. While most lawyers have heard terms like “blockchain” and probably even know a few people who have been deeply interested in the...more

Slavery in Supply Chains: CBP Petitions Raise New Forced Labor Compliance Risks

Pillsbury Winthrop Shaw Pittman LLP on 7/26/2019

Third-party petitions seeking to ban the importation of goods made with forced labor may affect global supply chains. Petitions are being filed with U.S. Custom and Border Protection seeking to ban the importation into the...more

Resolving (then Un-resolving) the Human Trafficking Issue for Cubans Joining America's National Pastime

Mitchell, Williams, Selig, Gates & Woodyard,... on 5/30/2019

On December 20, 2018, Major League Baseball (“MLB”), Major League Baseball Players Association (“MLBPA”), and the Cuban Baseball Federation (“FCB”) announced an Agreement allowing Cuban-based baseball players to sign with MLB...more

Africa Update - July 2015 #2

Mintz - ML Strategies on 7/13/2015

In This Issue: - Leading the News - United States – Africa Relations - North Africa - East Africa - West Africa - Sub-Saharan Africa - General Africa News - Excerpt from Leading the...more

The Compliance Crystal Ball—Top 10 Compliance Trends For 2014

Perkins Coie on 1/15/2014

It is that time of year again when we dust off the compliance crystal ball and take a look at what might be in store for 2014. 1. Executive Order 13627 Changes Government Contracting - Want a government contract...more

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Human Trafficking & Slave Labor › Office of Foreign Assets Control (OFAC)

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