Sentences with phrase «foreign assets control»

The Office of Foreign Assets Control (OFAC) of the U.S. Department of the Treasury administers and enforces economic and trade sanctions based on U.S. foreign policy and national security goals against targeted foreign countries and individuals.

Tags for this Online Resume: BSA, OFAC, AML, Bank Secrecy Act, Office of Foreign Assets Control, Anti Money Laundering

KEY ACCOMPLISHMENTS • Attained appreciation award for Leading & managing a team responsible for conducting periodic internal compliance reviews determining compliance with regulations related to the Bank Secrecy Act, Office of Foreign Assets Control, USA Patriots Act, KYC, etc. • Made independent decisions discussing complex regulatory issues including the LOB impact with management • Coordinated and participated in on - site investment manager and service providers assessing the adequacy and effectiveness of their compliance programs • Supported the preparation of quarterly and annual compliance reports to the Board of Trustees • Stayed abreast of evolving investment advisory regulations and on that basis got a promotion

Similar to the Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) List, the Global Terrorist Watch is another great resource for identifying individuals thought to pose a threat to national and international security.

If your organization does business with individuals or companies outside of the United States or you routinely find yourself hiring non-US applicants, the Office of Foreign Assets Control (OFAC), Specially Designated Nationals (SDN) List may be a great fit for your employment background screening program.

If your organization has a global presence, or you routinely find yourself hiring non-US applicants, the Office of Foreign Assets Control (OFAC), Specially Designated Nationals (SDN) List may be -LSB-...]

This background check service provided by Orange Tree searches the Specially Designated Nationals (SDN) List, maintained by the United States Department of Treasury, Office of Foreign Assets Control (OFAC).

Our thorough criminal records check includes a national and global database search with the U.S. Department of Corrections, National Sexual and Predator Offender Registry, Office of Foreign Assets Control Fugitive List, Terrorist Watch, FBI, and Interpol.

A search for restriction, sanction, and exclusion records maintained by the Office of Foreign Assets Control (OFAC).

• Appreciation award at Reliance Inventers, Inc. for leading & managing compliance team determining compliance with regulations of: o Bank Secrecy Act o Office of Foreign Assets Control o USA Patriots Act o KYC

Reduce exposure by expanding your screening to include Office of Foreign Assets Control (OFAC) and FINRA / SEC checks.

The U.S. Treasury Department's Office of Foreign Assets Control in Washington, which enforces economic and trade sanctions, declined to comment.

This week the U.S. Treasury Department issued guidelines on how the Office of Foreign Assets Control (OFAC) could add cryptocurrency addresses to the country's sanction list.

Compliance with Anti-Money Laundering (AML) rules and with the economic sanctions administered by the Treasury Department's Office of Foreign Assets Control (OFAC) can be a daunting...

Its proponents claim that it is fully compliant with the USA PATRIOT Act, the Bank Secrecy Act, and the US Office of Foreign Assets Control.

Compliance with Anti-Money Laundering (AML) rules and with the economic sanctions administered by the Treasury Department's Office of Foreign Assets Control (OFAC) can be a daunting task for any business.

Payment of loss under this policy shall only be made in full compliance with all United States of America economic or trade sanction laws or regulations, including, but not limited to sanctions, laws and regulations administered and enforced by the U.S. Treasury Department's Office of Foreign Assets Control («OFAC»).

Therefore, it is not illegal for US citizens to travel to Cuba, but with the current Cuban Assets Control Regulations in place, it is against the law for Americans to spend money in Cuba without a special license issued by the Office of Foreign Assets Control.

Over the years, the regulations restricting U.S. citizens» travel to Cuba have changed, so even if you feel like you may meet one of the license categories, it's always a good idea to check with the Office of Foreign Assets Control before you buy that ticket, pack that bag, or get that travel insurance policy.

Borrower and Principals» Identity / USA Patriot Act & OFAC As a condition to funding, we must receive and approve our Borrower / Principal Certification form, completed and executed by Borrower, the Principals and any guarantors of the loan, together with all other information and documentation concerning the identity of the Borrower, its direct or indirect owners, the Principals, any guarantors and all persons or entities related to the foregoing as we may require in connection with our compliance with the USA Patriot Act of 2001, the laws administered by the U.S. Treasury Department's Office of Foreign Assets Control or any similar or related law, rule or regulation.

Recent months have witnessed important developments in the U.S. sanctions landscape, including new legislation, executive actions, and an uptick in enforcement by the U.S. Treasury Department's Office of Foreign Assets Control (OFAC).

We have litigated against virtually every U.S. enforcement agency including the U.S. Department of Justice («DOJ»), the Securities and Exchange Commission (the «SEC»), the U.S. Department of the Treasury and its Office of Foreign Assets Control («OFAC»), the Federal Trade Commission (the «FTC»), as well as Attorneys General and District Attorneys in numerous states.

Our lawyers also counsel clients on a wide range of issues relating to U.S. and EU economic embargoes involving the U.S. Department of the Treasury's Office of Foreign Assets Control, the EU Commission and the competent authorities of the EU Member States.

On May 1, 2018, the Department of the Treasury's Office of Foreign Assets Control («OFAC») issued two amended Ukraine / Russia related General Licenses («GLs»): GL 12B, «Authorizing Certain Activities Necessary to Maintenance or Wind Down of Operations or Existing Contracts» and GL 13A, «Authorizing Certain... Read More

Under Sanctions imposed by the US Office of Foreign Assets Control, persons and entities falling into these categories are prohibited from engaging, or facilitating the engagement by others, in any commercial relationship with Iran.

Matters of such investigations include Office of Foreign Assets Control (OFAC) requirements, money laundering, finite reinsurance, market timing / late trading, contingent compensation, «pay - to - play» arrangements and various compliance - related issues.

Represented a CEO embroiled in an Office of Foreign Assets Control (OFAC) investigation, resulting in no charges.

In - House Community's In - House Congress Hong Kong: Sanctions Administered by the U.S. Treasury Department's Office of Foreign Assets Control (OFAC)(October 2017)

Nicole routinely represents clients before the Department of the Treasury's Office of Foreign Assets Control (OFAC), the Department of Commerce's Bureau of Industry and Security (BIS), the Department of Justice, and the Department of State.

USA Patriot Act Search The Office of Foreign Assets Control (OFAC) has issued a regulation requiring companies engaged in business transactions to compare the names of individuals, companies and countries against a specialty designated nationals and blocked persons list (SDN).

His experience encompasses U.S. trade sanctions and Office of Foreign Assets Control (OFAC) matters, anti-boycott regulations, anti-bribery laws (FCPA), and other laws and regulations affecting international transactions.

We have represented large domestic and foreign financial institutions and other companies in connection with some of the most prominent enforcement matters brought by U.S. financial regulators, the Office of Foreign Assets Control (OFAC), the Department of Justice and the SEC, involving sanctions, anti-money laundering and anticorruption issues.

As a leading authority in the international trade and compliance arena, Michelle represents a range of export and import clients in matters relating to compliance with US and international regulations such as the International Traffic in Arms Regulations, the US Export Administration Regulations, and the various embargo and sanctions programs administered by the Treasury Department's Office of Foreign Assets Control.

We have particular expertise in advising on Department of Treasury Office of Foreign Assets Control («OFAC») and Department of Commerce Bureau of Industry and Security («BIS») regulations and the implementation of appropriate compliance policies and procedures.

For them, he focuses on regulatory compliance, fraud issues, AML, the Office of Foreign Assets Control, antibribery and anticorruption (Foreign Corrupt Practices Act [FCPA] and UK Bribery Act [UKBA]-RRB-, and the Foreign Account Tax Compliance Act.

Representing public and private companies in internal investigations regarding such issues as Office of Foreign Assets Control (OFAC) compliance, premature revenue recognition, federal contract fraud, money laundering, immigration and I - 9 compliance, and employee embezzlement and theft.

The U.S. Office of Foreign Assets Control has given Renova and other Russian companies until June 5th to «wind down operations, contracts, or other agreements» involving these figures.

Under the Obama administration, rules were relaxed allowing individuals to visit the island in compliance with 12 categories of travel without applying to Office of Foreign Assets Control (OFAC) for a specific license.

Coverage is global, but it excludes Australia, Italy, New Zealand, and any countries on the sanctions list maintained by the U.S. Office of Foreign Assets Control.

All voyages from both lines will fully comply with existing US Federal Regulations and the most recent pronouncements from the Office of Foreign Assets Control of the US department of the treasury.

Additionally, CTS will be better positioned to ensure their cruise and tour operator clients continue to offer Office of Foreign Assets Control (OFAC) compliant programs.

Back on January 9, 2015, the chief legal way for a U.S. citizen to travel to Cuba — other than for Cuban - Americans with relatives on the island — was through one of the people - to - people exchange programs sanctioned by the Treasury Department's Office of Foreign Assets Control.

Loke had two money transfers stopped by The Office of Foreign Assets Control (OFAC) of the U.S. Treasury Department; the deposits were being sent through the third - party payment processor, Counting House, a company that was blacklisted and defined by the U.S. Treasury as a criminal organization.

U.S. dollar drafts are drawn on BMO Harris Bank N.A. and are subject to United States Anti-Money Laundering regulations, including screening the payee against the Specially Designated Nationals and Sanctioned Countries lists maintained by the Office of Foreign Assets Control, an agency of the Government of the United States.

Before coming to The Motley Fool, Bill worked for the Securities and Exchange Commission in their Office of Investor Education and Assistance, as well as for the U.S. Department of the Treasury in their Office of Foreign Assets Control (Foreign Terrorism Division).

OFAC Alerts — OFAC Alerts (Office of Foreign Assets Control) from Credit Plus protect your business from the time and cost of manually checking borrower records against the U.S. Treasury's master list of Specially Designated Nationals and Blocked Persons, which contains thousands of individual names.

A revision of limits on Cuba travel announced this month by the Treasury Department's Office of Foreign Assets Control (OFAC) requires U.S. scholars to get explicit government permission to attend Cuban - sponsored professional meetings in Cuba.

And, while non-governmental U.S. scientists are permitted to travel to Cuba to conduct research under the U.S. Office of Foreign Assets Control's general license, they must apply for a specific license to attend or organize most conferences there.

on the website for the Office of Foreign Assets Control (OFAC), the section which oversees U.S. mercantile sanctions.

A few weeks ago, Treasury sensitively published additions to the FAQs section on the website for the Office of Foreign Assets Control (OFAC), the section which oversees U.S. mercantile sanctions.