Tag: OFAC

The debate over whether artificial intelligence will displace compliance professionals is, at this point, a distraction. The more consequential question — and the one...

In June 2023, New York attorney Steven Schwartz submitted a legal brief to a federal court in Manhattan citing six cases that simply did...

The rules governing beneficial ownership information reporting have undergone a dramatic transformation since the Corporate Transparency Act (CTA) came into force — and compliance...

The compliance profession has a productivity crisis hiding in plain sight. Financial institutions and regulated businesses together spend more than $300bn annually on compliance,...

AML screening is far from the exclusive domain of large financial institutions. Regulatory obligations stretch across a surprisingly broad range of industries, and the...

A national property and casualty (P&C) carrier looking to break into the non-admitted Excess & Surplus (E&S) market turned to IntellectAI to build and...

Community banks in 2026 find themselves navigating a regulatory environment that is, somewhat paradoxically, both more accommodating and more stringent than before. According to Alessa,...

Healthcare payments have emerged as an unexpected battleground in the fight against money laundering. Traditionally associated with billing fraud and abuse, claims processors, telehealth...

In late February 2026, a prominent US educational institution agreed to pay $1.72m to the US Treasury to settle allegations that it processed tuition...

Sanctions failures rarely start with a suspicious transaction. More often, the damage is done at onboarding, when a weak rule, a missed alias, or...