Five agencies of the U.S. government combined to issue best practices guidance for entities in the maritime and other transportation industries to help reduce risk of sanctions and export control violations and evasion efforts.
The Department of Justice (DOJ), Commerce Department’s Bureau of Industry and Security, Department of Homeland Security’s Homeland Security Investigations, State Department’s Directorate of Defense Trade Controls, and Treasury Department’s Office of Foreign Assets Control (OFAC) released a joint compliance note Monday to highlight tactics commonly deployed by bad actors regarding the transportation sector. The note includes signs of sanctions evasion efforts and examples of relevant agency enforcement actions.
