Margaret S. Ververis
Margaret Ververis, Senior Associate with Ferrari & Associates, P.C.,
has practiced extensively in the field of U.S. sanctions compliance. To
this end, Ms. Ververis frequently assists U.S. and foreign clients to
navigate the complex regulatory framework of U.S. sanctions administered
by the Office of Foreign Assets Control (OFAC) to ensure that proactive
measures are undertaken to achieve stability and confidence when making
important business decisions.
Ms. Ververis advises clients seeking to pursue business ventures in the
Middle East and Africa, which requires due diligence with respect to several
country-based and target-based sanctions, as well as compliance with the
Specially Designated Nationals and Blocked Persons List (SDN List). Ms.
Ververis’ past representations include developing tailored compliance
programs on behalf of:
- U.S. and foreign financial institutions and money service businesses
- U.S. companies seeking to broker and export in sanctioned regions
- Domestic and foreign companies listed on U.S. stock exchanges
- Educational institutions hosting visiting students from sanctioned countries
- Media outlets pursuing journalistic activities
Ms. Ververis also represents clients seeking to comply with OFAC sanctions
through the licensing and self-disclosure process. Ms. Ververis’
efforts have resulted in obtaining licenses to unblock funds under the
Cuban Asset Control Regulations and the Ukraine-Related Sanctions Regulations,
in addition to favorable dispositions of OFAC administrative investigations
In addition to OFAC compliance, Ms. Ververis is a skilled defense attorney
and litigator. She has defended clients in federal courts throughout the
country, and most recently, served as counsel in a federal trial where
the defendant was acquitted of unlawful exporting under the International
Emergency Economic Powers Act (IEEPA). Ms. Ververis has also helped to
shape Fourth Amendment law by successfully challenging the legal standard
for the search and seizure of cell phones and laptops at the U.S. border.
In Ms. Ververis’ years of practice, she has represented clients
in numerous federal defense cases including money laundering, tax fraud,
drug trafficking, public corruption, embezzlement and unlawful exporting.
Ms. Ververis is equally experienced in civil litigation and has worked
to bring lawsuits against the U.S. government for violations of the Administrative
Procedure Act (APA). She recently drafted briefs for submission to the
D.C. Circuit to challenge an SDN designation of an individual under the
APA. She has also negotiated settlements on behalf of clients faced with
civil enforcement actions by the U.S. Department of Commerce and the U.S.
Commodity Futures Trading Commission.
Ms. Ververis received her B.S. with honors from the University of Texas
at Austin in 2006. She graduated with her J.D. from South Texas College
of Law in 2011. Ms. Ververis was a Dean’s Merit Scholar and a member
of Phi Delta Phi Legal Honors Fraternity. While in law school, she was
an Associate Editor for Corporate Counsel Review, the journal of the Corporate
Counsel section of the State Bar of Texas. Ms. Ververis was one of a select
few visiting students with the Arizona State University Sandra Day O’Connor
College of Law Legal Externship Program in Washington, D.C., and also
studied abroad at Charles University in Prague, Czech Republic. Ms. Ververis
has clerked with a prestigious federal criminal defense firm in Washington,
D.C., and with the Public Defender Service for the District of Columbia.
Ms. Ververis actively writes on topics relating to federal criminal defense
on dcfederaldefenseattorney.com and is a contributing author on OFAC compliance