OFAC
other on 3 shows · 3 statements across 3 episodes
Capital Allocators 
Big Technology 
20VC
3 statements about OFAC, every show
Lee: Banks cannot internally transfer funds due to OFAC and FinCEN
“In fact, if you're a global bank, so take Barclays or JP Morgan, and you have money in, let's say Japan, and you want to move it to the US, you have to use an external intermediary to move the money. Banks can't internally transfer the money because it violate…”
Co-founder's name match on OFAC list blocked early Airwallex payments
“My co-founder's name is, is Max Lee. The same name is on the OFAC blacklist. So whoever that he's sending a payment using his personal name, because at that time, you know, we're still using personal name to sending money around the world. And his name, his pa…”
Bitar: OFAC Authorized European Operators to Export Venezuelan Oil
“OFAC just authorized two European oil operators who operate in Venezuela, ENI and Repsol, to begin exporting back to Europe that had been sanctioned earlier. And they allowed Chevron, the US company who's operating in Venezuela, to have a dialogue with the gov…”