Examples of Subject Person in a sentence
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.
A Subject Person may submit a written response to the Pre-Penalty Notice in accordance with the procedures set forth in the particular regula- tions governing the conduct giving rise to the apparent violation.
Qualification of the Subject Person as a small business or organization for the pur- poses of the Small Business Regulatory En- forcement Fairness Act, as determined by reference to the applicable regulations of the Small Business Administration, may also be considered.
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.