The Treasury, Commerce, and Justice departments issued a joint compliance note focusing on voluntary self-disclosure policies that apply to U.S. sanctions, export controls, and other national security laws.
Details: The compliance note:
Describes the departments’ voluntary self-disclosure policies, including recent updates.
Highlights the Financial Crime Enforcement Network’s Anti-Money Laundering and Sanctions Whistleblower Program.
Underscores the importance of an effective and robust compliance program.