Publication of Tri-Seal Compliance Note: Voluntary Self-Disclosure of Potential Violations

Today, the U.S. Department of Justice (DOJ), the U.S. Department of Commerce’s Bureau of Industry and Security (BIS), and the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), issued a Tri-Seal Compliance Note: Voluntary Self-Disclosure of Potential Violations to summarize procedures for voluntarily self-disclosing violations of U.S. sanctions and export control laws to DOJ, BIS, and OFAC.  The Compliance Note explains that self-disclosing potential violations can provide significant mitigation of civil or criminal liability, while also alerting key national security agencies to activities that may pose a threat to the national security and foreign policy objectives of the United States.