A recent OFAC enforcement action against MidFirst Bank highlights the five essential components of an effective sanctions compliance program that will serve to mitigate exposure in the event of a ...

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 ...

Jessica Sanderson, Partner at the Volkov Law Group, re-joins us for a posting on a recent OFAC enforcement action. Some may dismiss OFAC’s recent announcement last week that it issued a Finding of ...

Ristken Software Services (Ristken), an enterprise-level provider of software solutions for the automotive industry designed to manage employee performance and maximize profits, today announced it is ...

SAN DIEGO - If your credit union is using your corporate to send outgoing wires, do you really have to do an OFAC check if the corporate is already doing so? Processing Content You don’t have to, but ...

Amid intense competition, a growing number of firms are realizing the value of seamless and streamlined client experiences. Unfortunately, when it comes to delivering an optimal client experience, ...