And, while effective OFAC screening and AML programs will certainly have areas of overlap, namely a robust customer identification procedure, they are two separate and distinct programs and ...

OFAC designates persons and entities as SDNs for narcotics trafficking, weapons proliferation and other reasons. When entering into discussions with a proposed collaborator, it is critical to check ...

The US Office of Foreign Assets Control (OFAC) issued Syria General License 24 (GL 24) authorizing certain transactions with the new Syrian government and easing some transactions related to ...

OFAC noted that the company had, at one point, a compliance protocol that did not require the re-screening of previously approved entities. As a result, when the company made shipments and ...