In the last few years, we’ve seen OFAC enforcement actions against Apple and Amazon... et tu, Berkshire Hathaway?

Tuesday’s enforcement action, which resulted in a rounding error fine for Berkshire (about 4.1 million USD), continues a trend of foreign subsidiary violations despite their parent’s direction to avoid dealings counter to US law and regulation.

And there’s also something hidden in there that I think you need to seriously think about, if your firm has foreign subsidiaries. But, just like Cracker Jacks, you have to open the box to see what the prize is.