Economic Sanctions/OFAC

Wiley provides a full range of services in the economic sanctions area to clients from a diverse cross-section of industries, both in the United States and across the globe.

Our Practice encompasses the entirety of Office of Foreign Assets Control (OFAC)-related services, including:

• Transaction counseling;
• Risk assessment;
• Development of sanctions compliance programs, including coordination with anti-money laundering and export control requirements;
• Compliance audits;
• Licensing, including Trade Sanctions Reform and Export Enhancement Act (TSRA) authorization for the export of medicine, medical devices, and agricultural products to otherwise sanctioned countries;
• Management of conflicts with foreign laws;
• Representation of clients before Executive branch officials in the U.S. Departments of Treasury and State, as well as on Capitol Hill;
• Negotiation of OFAC penalties; and
• Defense of enforcement actions. 

We have delivered these services to leading companies across multiple industry sectors, including:

• Financial institutions headquartered both in the United States and abroad;
• State-sponsored and private investment vehicles;
• U.S. and foreign manufacturers and goods exporters;
• Insurance and reinsurance companies;
• Telecommunications companies of all kinds, including satellite companies, wireless communications providers, and undersea cable providers;
• Higher education institutions; and
• Internet and e-commerce firms.

Contact Us

Daniel B. Pickard
202.719.7285 | dpickard@wiley.law

John R. Shane
202.719.7222 | jshane@wiley.law

Lori E. Scheetz
202.719.7419 | lscheetz@wiley.law