Examples of Subject Person in a sentence
The steps taken by the Subject Person upon learning of the apparent violation.
OFAC may order the Subject Person to cease and desist from conduct that is prohibited by any of the sanctions programs enforced by OFAC when OFAC has reason to believe that a Subject Person has engaged in such conduct and/or that such conduct is ongoing or may recur.
OFAC will afford the Subject Person an opportunity to respond to OFAC’s determination that a violation has occurred before a final penalty is imposed.
Where appropriate, OFAC will publicly note substantial cooperation provided by a Subject Person.
Where settlement discussions occur prior to the issuance of a Pre-Penalty No- tice, the Subject Person may request in writ- ing that OFAC withhold issuance of a Pre- Penalty Notice pending the conclusion of settlement discussions.