Big Banks, no CUs, Make List of OFAC Violators

WASHINGTON-The names of several large banks have been published under the Office of Foreign Asset Control's regulation naming violators of the Trading With the Enemy Act requirements, including dealings with those named on the Specially Designated Nationals list. In a final rule effective February 11, 2003, OFAC said it would...

By Sarah Snell Cooke | April 22, 2003 at 08:00 PM