OFAC’s new Framework for Sanctions Compliance Programs incorporates a number of important principles from Justice Department and US Sentencing Guideline requirements for effective compliance programs.

On April 10, the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) and Office of Foreign Assets Control (OFAC) jointly issued ...

Q: In responding to a prospective corporate account's request for proposal, we came across this question: "Please describe your OFAC sanctions compliance program." What is OFAC, what is a sanctions ...

MicroBilt Corporation, a leader in risk management information for small and medium-sized businesses and leading provider of alternative data for non-traditional lenders has introduced its built-in ...