On November 16, 2023, FinCEN and OFAC, along with the BIS, co-hosted a virtual FinCEN Exchange to discuss attempts by Russia to evade export controls.

This Exchange demonstrated the ongoing U.S. Government effort to further constrain and prevent Russia from accessing the international financial system and conduct economic activity to fund its invasion of Ukraine. The Exchange was attended by representatives from small- to mid-size financial institutions, law enforcement, and government agencies.

Read FinCEN’s readout here.

Adam Witmer

Adam Witmer is a speaker, author, and founder of the Compliance Cohort. Adam has taught hundreds of seminars and training sessions to thousands of bankers throughout the United States and teaches on all areas of regulatory compliance. Adam has written five e-books that he never published, hit a grizzly bear while driving in a National Park, and is an award winning photographer and musician (though he no longer takes photos nor plays any instruments). In his spare time, Adam can be found kayaking on the lake, doing taekwondo with his kids, working on his (project) house, or spending time with his family.

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