Understanding OFAC: A Best Practices Compliance Guide

Download the white paper

The Office of Foreign Assets Control (OFAC) imposed $5.7 billion in penalties from 2006-2020. And every year, the U.S. Treasury Department casts a wider net of OFAC violations, ensnaring everyone from unwitting small businesses to sophisticated corporations.

Read this white paper for the latest updates and best practices for OFAC compliance in 2021 and beyond, including:

• A deep dive into the Treasury’s official guidance: A Framework for OFAC Compliance Commitments
• Updated data surrounding OFAC fines and penalties for regulated industries
• Best practices to help you better understand and meet your OFAC compliance obligations
• Strategies for avoiding costly penalties, damaged corporate reputations and even potential criminal charges

Provided by Computer Services, Inc. (CSI)

A trusted fintech and regtech solutions partner, CSI delivers innovative, dynamic technology and expert service to help drive businesses forward and achieve transformative growth. Learn more about Computer Services, Inc. (CSI)