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NSD’s Eun Young Choi: Vigorous Measures Against Nation-State Threats and Sanctions Violations

Money LaunderingNSD's Eun Young Choi: Vigorous Measures Against Nation-State Threats and Sanctions Violations

I am Eun Young Choi, Deputy Assistant Attorney General in the National Security Division (NSD). NSD focuses on countering hostile nation threats, combating foreign malign influence, and enforcing sanctions and export controls. The division was established in 2006 to address terrorism and has expanded to confront threats from nation-state adversaries.

Our current efforts target Russia’s invasion of Ukraine, China and Iran’s influence, and North Korean cyber activities. Sanctions and export controls are vital tools to deny adversaries access to the U.S. financial system and protect innovation.

Recent actions include Treasury’s addition of 2,500 Russia-related targets to the Specially Designated Nationals list and Commerce’s regulatory actions limiting Russia’s access to necessary items. We’ve also tightened controls on advanced semiconductors related to China.

Enforcement efforts like Task Force KleptoCapture focus on freezing assets of Russian supporters, yielding over $500 million. The Disruptive Technology Strike Force tackles illicit technology transfers, resulting in cases against those aiding Russia and China. Corporate enforcement against sanctions violations has increased, with notable cases involving Lafarge, British American Tobacco, and a shipping company.

We collaborate with international partners and enhance voluntary self-disclosure policies. The M&A policy encourages companies to disclose misconduct during acquisitions. We aim to incentivize responsible corporate behavior, urging companies to prioritize compliance with national security laws.

Our message to corporations is clear: invest in compliance now or pay the price later. Review policies, stay informed about compliance bulletins, understand voluntary self-disclosure policies, and collaborate with the government to mitigate potential harm. Together, we can protect national security and the innovation economy. Thank you for allowing me to discuss these crucial efforts.

By FCCT Editorial Team

Disclaimer: The views expressed in this article are independent views solely of the author(s) expressed in their private capacity.

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