Tag: OFAC

Compliance teams often treat sanctions screening, PEP screening and adverse media screening as interchangeable checkboxes on an onboarding form. They are not. Each layer addresses...

A $200m enforcement case in the DIFC did not begin with a rogue trader or a fraudulent scheme. It began with a board that...

Sanctions compliance has never been a single, unified discipline, yet much of the technology built to support it has treated it as if it...

Financial regulation has always required comparison, but the tools to do it well have never kept pace with the complexity of modern markets. As...

For compliance teams still processing identity checks by hand, the costs are mounting faster than most organisations realise. A 2025 study published in the...

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...