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Sanctions compliance, third parties, and red flags

Image of a large tanker at sea.
Photo: Thierry Monasse/Getty Images

A couple of recent sanctions actions by OFAC are reminders of the need to monitor red flags and appreciate business partner risk.

Sanctions enforcement in 2026 has been guided by persistent geopolitical instability and national security interests, with regulators focusing on material support for sanctioned entities or persons located in Iran and Russia in particular. For many years now, sanctions have become a central operating risk for businesses as the US (and

Companies