Akrivis Law Group, PLLC partner Farhad Alavi was quoted this past week in an article on industry website MoneyLaundering.com in an article regarding clarification by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on the use of Middle East-based Money Service Businesses (MSBs). This clarification was provided by OFAC on January 10, 2013.
MoneyLaundering.com is an industry-focused website primarily aimed at the banking, finance and insurance sectors. It is operated by the Association of Certified Anti-Money Laundering Specialists (ACAMS).