Mr. Ferrari represents U.S. and foreign corporations, financial institutions, exporters, insurers, and private individuals in trade compliance, regulatory licensing matters, and federal investigations and prosecutions. He frequently represents clients before the United States Department of the Treasury's Office of Foreign Assets Control (OFAC), and in federal courts around the country. With over 12 years of experience in national security law, export controls, and U.S. economic sanctions, he counsels across industry sectors representing parties in a wide range of matters involving U.S. economic sanctions administered by OFAC.
Mr. Ferrari's representations before OFAC frequently involve investigations concerning violations of a variety of sanctions programs including the Iranian Transactions and Sanctions Regulations, the Cuban Assets Control Regulations, and the Ukraine-Related Sanctions Regulations. As part of these representations, he has worked to respond to OFAC administrative subpoenas, procure OFAC specific licenses to engage in transactions prohibited by OFAC, draft OFAC voluntary self-disclosures, develop and implement OFAC compliance programs for international import-export companies, and provide general counseling on OFAC related matters.
Mr. Ferrari actively writes for publication on OFAC administered trade sanctions. In addition, he is often called upon by media outlets, such as CNN, The New York Times, The Washington, Post, Forbes Magazine, and the Wall Street Journal, to comment on U.S. economic sanctions issues. He is also the founder and Executive Editor of the U.S. economic sanctions blog and research site:
Shawn Michael currently serves as a Director of Risk Management at Mid-Atlantic Federal Credit Union in Maryland. Shawn has been in the financial industry for over 20 years and is well known for her ability to identify and mitigate financial risk.
Ms. Michael was instrumental in the establishment of a local BSA peer roundtable group that meets regularly on important BSA subject matters, and was the founding member of the Maryland Credit Union League Fraud Roundtable. She is highly motivated and passionate about her work.
Ms. Michael continues to bring a wealth of experience and knowledge to the industry. Her other areas of expertise include branch operations, financial lending and delinquency control. She is well versed in “all things compliance”. Shawn has presented at the National Association of Federal Credit Unions’ (NAFCU) annual Compliance Conference on Regulation D compliance.
Ms. Michael has acquired and maintains several distinguished professional designations: National Association of Federal Credit Unions Certified Compliance Officer (NCCO), Credit Union National Association (CUNA) Credit Union Compliance Expert (CUCE) and Bank Secrecy Act Compliance Specialist (BSACS). Shawn is respected by her peers and remains an asset to the Mid-Atlantic financial risk community as she is often searched out for her expertise with both compliance and BSA matters.
Shawn is a member of several professional organizations, including the Association of Certified Anti-Money Laundering Specialists (ACAMS), and the Capital Area Compliance Roundtable (CACR) where she served as their former Chair Person.