US publishes new sanctions FAQs for the insurance industry

14 November 2024

US publishes new sanctions FAQs for the insurance industrypatpitchaya_Shutterstock

OFAC has published 2 new insurance-related FAQs for sanctions compliance. FAQ 1199 explains that insurance companies should contact OFAC when determining whether a claim can be paid to an innocent third-party under a policy...

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Michael O'Kane

Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters and as a prosecutor. Michael was called…

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