Deep Dive into U.S. Primary and Secondary Sanctions
- Understanding the roles of the primary agencies: OFAC, BIS, and State
- Key Definitions: OFAC, US Person, US Nexus, SDN, and sanctioned countries
- Differences between statues, regulations, directives, formal guidance, interpretations, and FAQ’s
- Types of sanctions – embargos, prohibited parties/activities, secondary sanctions
- List based sanctions programs