OFAC Sanctions Lawyer — Argentina & Chile

An OFAC Specially Designated National (SDN) designation is not limited to US territory. For residents of Argentina and Chile, OFAC sanctions create immediate practical consequences: US dollar transactions are blocked, accounts with US-correspondent banks are frozen, and US persons and entities are prohibited from doing business with you globally. Argentine and Chilean banks with US dollar operations will typically freeze accounts upon designation.

Argentina’s peso-dollar dual economy and Chile’s strong US trade links mean OFAC designations have an outsized impact in the Southern Cone compared to countries with limited USD exposure. Individuals designated in connection with Russia-Ukraine conflict, Venezuelan asset recovery, or organised crime investigations from Argentinian or Chilean authorities often face simultaneous INTERPOL Red Notice proceedings.

Our team advises Argentine and Chilean clients in English, Spanish, and Russian, and we work closely with local counsel in Buenos Aires and Santiago for any domestic legal proceedings arising from the designation.

• Delisting Petition (Reconsideration): We prepare a comprehensive petition to OFAC’s Office of Global Targeting, presenting legal arguments, factual evidence, and political context to demonstrate why the designation should be revoked.
• OFAC Specific Licence: Where full delisting takes time, we apply for specific licences to unblock critical transactions — bank access, family support, legal fee payments, or business operations.
• Asset Unblocking: We coordinate with Argentinian and Chilean financial institutions to implement OFAC licences and restore access to frozen assets.
• Parallel INTERPOL Defence: Many clients designated by OFAC also face Red Notices issued by Russian or American authorities. We provide integrated INTERPOL CCF + OFAC delisting strategy.
• Secondary Sanctions Compliance: For Argentine and Chilean companies at risk of OFAC secondary sanctions due to dealings with designated persons, we provide urgent compliance advice.

Intercollegium’s OFAC team has represented clients from Russia, CIS countries, and the Gulf in complex, politically charged OFAC designation cases. We understand the interplay between US sanctions, INTERPOL proceedings, and domestic legal consequences in Argentina and Chile. Contact us today for a confidential, no-obligation assessment of your case.

📞 +357 96 447475 | Submit your case online — response within 24 hours.