OFAC’s Latest Sanctions Highlight Why Modern Business Platforms Need Built-In Sanctions Screening
Last week, the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) delivered another reminder that sanctions compliance remains paramount for financial institutions both domestically and abroad, and a rapidly evolving area of risk for organizations small and large. In a series of actions targeting the embattled countries of both Cuba and Iran, OFAC expanded […]
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