Know who you conduct business with by using a watch list screening solution
Safeguard and monitor with:
Watch list screening for unsanctioned entities
A comprehensive compliance program
Compliance screening for reducing false positives
Customer scoring for onboarding and ongoing risk assessment
The Office of Foreign Assets Control (OFAC) enforces economic sanctions against unsanctioned entities, like terrorist groups or narcotics traffickers, for all U.S. persons. Failure to comply with OFAC regulations can result in hefty penalties that can exceed several million dollars.
Organizations today must understand who they conduct business with in order to adhere to regulations. Utilizing watch list screening and profile matching solutions make following compliance easier. Let us help you adhere to compliance and regulation-related programs.
Make better business decisions. Contact us to learn how.