OFAC Lawyers | Levin & Associates, PLLC

Our OFAC experience is unparalleled, with extensive connections at federal and state enforcement.

OFAC Counsel When the Stakes Are Real

The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) administers and enforces a dense, fast-moving sanctions regime that can affect ordinary commercial payments, international supply chains, financial institutions, and individuals with cross-border assets or relationships. When OFAC issues arise—whether through a blocked transfer, a bank inquiry, an internal compliance escalation, or a government investigation—there is very little room for error. Timing, precision, and a clear strategy matter.

Duncan Levin advises clients on sanctions compliance, licensing, blocked and rejected transactions, internal investigations, enforcement exposure, and related criminal or regulatory risk. He works discreetly and efficiently, with a practical understanding of how OFAC issues surface in the real world—through banks, counterparties, compliance teams, and government outreach.

What OFAC Issues Commonly Look Like

OFAC problems rarely arrive with a single, neat question. They show up as business disruption and uncertainty:

  • A wire is blocked or rejected by a bank’s sanctions filter
  • A counterparty is tied—directly or indirectly—to a sanctioned party or jurisdiction
  • A compliance team flags a transaction, customer, shipment, or beneficial ownership concern
  • A company discovers potential screening gaps or historical exposure
  • An individual cannot access funds due to a blocked account or “frozen” assets
  • A government inquiry raises the risk of civil penalties, criminal exposure, or reputational fallout

In these moments, the goal is not to recite regulations. The goal is to understand what happened, assess risk, preserve options, and move quickly toward a defensible resolution.

How Levin & Associates PLLC Helps

  • Sanctions risk assessment and compliance counseling
  • SDN and ownership/control analysis (including indirect exposure)
  • Guidance on blocked vs. rejected transactions and bank compliance communications
  • OFAC specific-license and interpretive guidance submissions
  • “Return-to-originator” and other resolution pathways for blocked funds
  • Voluntary self-disclosures and penalty mitigation strategy
  • Internal investigations, document preservation, and remediation planning
  • Representation in OFAC enforcement matters and parallel DOJ/regulatory inquiries
  • Advising individuals and families facing blocked assets or sanctions-related restrictions

Experience That Translates to Strategy

Duncan Levin is a former federal prosecutor and former senior Manhattan District Attorney’s Office attorney with deep experience in financial enforcement and asset recovery matters, including sanctions-adjacent investigations and large-scale forfeiture work. He has been involved in matters arising from major bank enforcement actions, including those involving HSBC and Standard Chartered, and has worked on investigations involving BNP Paribas and ING.

That background matters because sanctions issues are rarely isolated. They often overlap with banking compliance, fraud investigations, money movement, asset restraint and forfeiture risk, cross-border evidence, and reputational exposure. Duncan approaches OFAC matters with that full landscape in mind.

A Practical, Client-First Approach

OFAC issues can freeze accounts, stall deals, and trigger intense internal pressure. Our focus is practical: rapid issue triage and risk mapping; clear, defensible guidance; discreet handling of sensitive matters; and a resolution strategy tailored to the client’s objectives and risk tolerance.

If a bank has blocked a payment, compliance has flagged a counterparty, or you are concerned about sanctions exposure, we can help you assess next steps and choose the most effective path forward.

Duncan Levin provides OFAC and sanctions counsel.

OFAC Lawyer FAQs

OFAC stands for the “Office of Foreign Assets Control” and is a part of the U.S. Department of Treasury. It is tasked with the regulation and enforcement of U.S economic sanctions and trade embargoes. OFAC endeavors to promulgate and enforce national security objectives and foreign policy goals. It operates and conducts itself in accordance with executive orders and legislation.

Violations of OFAC regulations occur when a person or entity engages in transactions or activities that are prohibited by sanctions placed by the Office of Foreign Assets Control, which is a division of the U.S. Department of Treasury.

OFAC imposes sanctions for a range of reasons, including national security, foreign policy, and combating terrorism, money laundering, and other illicit activities. OFAC maintains a list of individuals and entities subject to these sanctions. It is illegal to transact with these designated persons or entities without a license or authorization from OFAC.

Violations of OFAC regulations can bring serious consequences, such as fines, seizure of assets, and even imprisonment. Therefore, individuals and businesses must take care to comply with OFAC regulations when engaging in international transactions.

If your business, financial institution, or entity needs help complying with U.S. sanctions, or if you have received notification of an investigation for potential violations, it is essential to get specialized legal help from an OFAC lawyer immediately.

An OFAC lawyer will be able to provide advice and guidance on the Office of Foreign Assets Control  regulations. They will be able to advise on the various sanctions and regulations that OFAC has in place and how to ensure that a business or individual is compliant with them. An OFAC lawyer will also be able to provide advice on the legal implications of any violations of OFAC regulations, and how to mitigate any potential risks.

To find out if your actions are prohibited by OFAC sanctions , you should consult the Specially Designated Nationals (SDN) List. This list is maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC). It contains the names of individuals, companies, and organizations that are subject to U.S. economic and trade sanctions. If the person or entity you are dealing with is on the list, then your actions are prohibited by OFAC sanctions.

Certain sanctions apply to entire nations, even if they are not on the SDN List. This list changes as government and political interests shift worldwide. New targets are added, and Congress and the President create new legal authorities to expand sanctions.

 

Notable Cases

Jennifer Weisselberg (Trump Organization criminal case)

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Harvey Weinstein

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People v. Steven Etkind

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United States v. Clare Bronfman (“NXIVM” case)

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Gen. Khalifa Hafter

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Charlie Walk

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Oleg Deripaska v. Janet Yellen

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Wiz Khalifa (“Khalifa Kush”)

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People v. Anna Sorokin (aka Anna Delvey)

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Mark Nordlicht (Platinum Partners) Acquittal

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Our OFAC experience is unparalleled, with extensive connections at federal and state enforcement.

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