Government Experience

  • Department of the Treasury—Office of the Chief Counsel (Foreign Assets Control): Chief Counsel, 2020 – 2022
  • Department of the Treasury—Office of the Assistant General Counsel for Enforcement and Intelligence: Attorney-Advisor, 2020

Education

  • Davidson College, A.B., magna cum laude, Phi Beta Kappa
  • University of Cambridge, M.Phil. European Environmental Law
  • University of Notre Dame Law School, J.D., magna cum laude, editor-in-chief, Notre Dame Law Review, Summer International Law Program, London, England

Admissions

  • District of Columbia

Professional Experience

  • Deputy Press Secretary, Office of Nobuteru Ishihara, Member of the Japanese House of Representatives and Japan’s former Economy Minister

Jason Prince

Partner
jprince@crowell.com
+1.202.624.2752

Jason Prince represents and counsels exporters and multinational companies, including financial institutions, on an array of complex international trade compliance matters. Jason has helped financial services, aerospace and defense, technology, semiconductor, telecommunications, energy, mining, agribusiness, and other companies to navigate sanctions, export controls, and various other complicated U.S. regulatory regimes applicable to international business and national security. Jason is the former chief counsel to the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC), where he oversaw the legal design of new sanctions measures and led the legal review of all major OFAC enforcement, compliance, licensing, regulatory, and litigation actions. Prior to the chief counsel role at Treasury, he served as an attorney‐advisor in the Office of the Assistant General Counsel for Enforcement and Intelligence, where he advised the under secretary who sits over OFAC and its anti‐money laundering (AML) counterpart, the Financial Crimes Enforcement Network (FinCEN). Before becoming a senior U.S. government official, Jason was the co-chair of the sanctions and export controls practice group at a large U.S. law firm.

As OFAC’s chief counsel, Jason gained in-depth experience leading OFAC’s implementation and enforcement of more than 40 sanctions programs against nations such as Russia, Iran, Syria, North Korea, Cuba, and Venezuela, and thousands of designated individuals and entities deemed to threaten the national security, foreign policy, or economy of the United States. He focuses his practice on helping clients to comply with complex, evolving legal restrictions governing international trade and investment, as well as internal investigations, compliance program reviews, voluntary self‐disclosures, and enforcement actions involving OFAC’s sanctions regulations, the International Traffic in Arms Regulations (ITAR), the Export Administration Regulations (EAR), the National Nuclear Security Administration’s (NNSA) export controls (Part 810), the Committee on Foreign Investment in the United States (CFIUS), the Bank Secrecy Act (BSA) and AML regulations, and the Foreign Corrupt Practices Act (FCPA). Additionally, he is experienced in helping companies to develop policies and procedures, due diligence protocols, and training programs aimed at minimizing such compliance risks. In the sanctions arena, Jason has experience with preparing OFAC license applications and interpretive guidance requests, as well as voluntary self-disclosures of potential violations, and meeting with OFAC officials to advocate on behalf of clients in relation to such submissions.

Jason’s experience also includes serving as a law clerk to Judge Susan H. Black of the U.S. Court of Appeals for the Eleventh Circuit, as well as a deputy press secretary to Nobuteru Ishihara, a former Japanese House of Representatives Member and Japan’s former Economy Minister.



Recognition

  • Acritas Star Lawyer, 2018 – 2019
  • The Henry Luce Foundation, Luce Scholar, Tokyo, Japan, 2001 – 2002


Affiliations

Professional Activities and Memberships

  • American Bar Association, Export Controls/Economic Sanctions Committee: Vice Chair, 2019-2020; Steering Group Member, 2018 – 2020; and Member, 2006 – 2020 
  • Invited Observer, 23rd Asian Export Control Seminar, Co-Hosted by the Japan Ministry of Economy, Trade & Industry and the Japan Ministry of Foreign Affairs, February 2016, Tokyo, Japan 
  • "Definitions, Terms & Acronyms Handbook for Defense Trade" Task Force, Member, 2017 
  • American Bar Association, Anti-Corruption Committee: Member, 2006 – 2020


Representative Matters

Economic Sanctions/Export Controls

  • Counseled a Fortune 100 heavy equipment manufacturer on OFAC, ITAR, and EAR compliance matters arising from its global sales; prepared a voluntary self-disclosure to OFAC of potential violations of the Iran sanctions program, which resulted in a no-action letter from OFAC.
  • Advised a European-based multinational automotive company on compliance with the OFAC sanctions arising from the United States' withdrawal from the Joint Comprehensive Plan of Action with respect to Iran's nuclear program.
  • Assisted with successfully securing the de-listing of over forty individuals and entities in the financial services industry whom OFAC placed on its Specially Designated Nationals and Blocked Persons (SDN) List.
  • Advised a European-based global frozen food supply chain company on certain U.S. trade sanctions considerations arising from its provision of services to a Canada-based global food company's U.S. subsidiary.
  • Counseled one of the world's 10 largest international defense trade companies on compliance with ITAR, EAR, FCPA, and OFAC sanctions, including internal investigations, voluntary self-disclosures, and general advice and counsel.
  • Conducted an EAR compliance review for an emerging growth counter-UAS technology company as part of the due diligence associated with a private equity investment; prepared a Commodity Jurisdiction request for the company's counter-UAS system.
  • Defended a nuclear reactor safety technology company in responding to an NNSA cease-and-desist letter and request for information in relation to compliance with Part 810.
  • Counseled an emerging growth counter-UAS technology company on the ITAR and EAR compliance and national security issues arising from its foreign commercial and military sales, including preparation of ITAR export authorization applications.

FCPA / Anti-Corruption

  • Conducted a Fortune 500 multinational technology company's internal investigation into alleged kickbacks involving customers in multiple Asian countries.
  • Conducted a compliance program gap analysis for a U.S.-based publicly traded mining company with sales in multiple Asian countries, focusing primarily on anti-corruption and trade sanctions compliance matters.
  • Directed the internal investigation of a U.S.-based medical device manufacturer's alleged FCPA violations arising from the conduct of a third-party sales agent in South America.
  • Developed a global anti-corruption and sanctions compliance program for a U.S.-based publicly traded mining company with operations in Canada and sales to the Pacific Rim.
  • Drafted an FCPA compliance policy for a U.S.-based multinational agribusiness company, developed training for the company's employees in China, and counseled the company on minimizing FCPA compliance risks arising from its joint venture in India.
  • Provided FCPA compliance training to the U.S. subsidiary of a European-based multinational renewable energy company, and counseled the company on tailoring its mergers and acquisitions due diligence protocol to address FCPA issues.


Press Coverage



Firm News & Announcements

January 23, 2023 Chief Counsel, Office of Foreign Assets Control, Jason Prince Joins Crowell