OFAC Enforcement Case Study: The $3.7M Syrian Sanctions Violation

episode

Trade Compliance Brief - Export Control and Sanctions Insights not yet transcribed

▲ 0

Transcript

This episode hasn't been transcribed yet Upvotes decide what gets transcribed next — 0 so far. Sign in to upvote

Related

recent transcribed audio

Essentials: How to Assess & Improve All Aspects of Your Fitness | Dr. Andy Galpin 35 min · 17 Sep 2026 · Huberman Lab

#502 – Psychiatry, Insane Asylums, Mental Illness, ECT, Lobotomies, Freud & Jung 3h 43m · 17 Sep 2026 · Lex Fridman Podcast

Your partner wants profit. You want freedom. Now what? 22 min · 16 Sep 2026 · The Optometry Success Podcast

Board of County Supervisors Meeting - Work Session - Sep 15, 2026 3h 17m · 15 Sep 2026 · Prince William County Board of Supervisors

Finance and Budget Committee - Sep 15, 2026 1h 43m · 15 Sep 2026 · Prince William County Finance and Budget Committee

Sept. 15, 2026 Board of Supervisors Meeting 8h 46m · 15 Sep 2026 · Fairfax County Board of Supervisors

Report any issue

Source

Recorded27 Feb 2026

Publisherfeeds.redcircle.com ↗

Handlerec:16186200

Show notes

In this episode of the Trade Compliance Brief, we break down the latest OFAC settlement involving a U.S. person residing abroad. We analyze the 20 violations of the Syrian Sanctions Regulations (SySR) that resulted in a $3.77 million penalty.Key topics covered:The definition of a "U.S. Person" and why residency doesn't waive liability.What constitutes "Reckless Disregard" in the eyes of the Treasury.Why the termination of a sanctions program does not provide amnesty for past conduct.Actionable lessons for Global Compliance Programs and risk mitigation.Link to OFAC enforcement release document: https://ofac.treasury.gov/media/935041/download?inline

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.

Sign in