Regulations

Specially Designated Nationals & Blocked Persons Lists

The United States Treasury's Office of Foreign Assets Control (OFAC) does not take threats to Homeland Security lightly; that's why your company needs to be scrupulous in conforming to the numerous regulations, sanctions, and the Specially Designated Denied National List enforced by OFAC.

Keep your business on the right side of trade compliance laws

Whether your company exports controlled or uncontrolled products, deals with foreign banks and other financial entities, or simply has offices or subsidiaries located outside the United States, without a robust OFAC solution you're leaving yourself open to violations—and the potential for major fines and even possible criminal prosecution.

Our solution integrates OFAC regulatory requirements into your existing business processes:

  • Simultaneously screen against the OFAC SDN list and all other watch lists provided by the U.S. government.
  • Prevent transactions with countries under U.S. / U.N. sanctions and embargoes.
  • Receive instant alerts if the status of any entry in your customer database changes.
  • Maintain an audit log to demonstrate your intent to comply if OFAC demands proof.