In May, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) released extensive new guidance on what constitutes an effective sanctions compliance program. Coming amidst a complex sanctions environment and an increasingly aggressive approach to enforcement, the guidance provides insight into OFAC’s views on the best practices that companies should follow […]
In this article, we will Detail the requirements of the OFAC 50% Rule. Give examples of firms that have been fined for not knowing that sanctioned parties owned significant parts of companies. Help you connect your organization’s risk policy to screening processes in order to reduce false positives when searching for potentially risky customers and […]
In this white paper, Anna Zsigmond, Due Diligence Specialist at Dow Jones Risk & Compliance describes why organizations should: move beyond jurisdiction as the sole consideration for risk-ranking; increase teams’ overlap with procurement or vendor management; and create joint approaches to continuously monitor third-party risk in the supply chain. Read Full Report Here.
To help companies and organizations meet today’s research challenges, Dow Jones Factiva partnered with Jinfo to bring valuable ideas about empowering end users to information professionals. Robin Neidorf, Jinfo’s Director of Research, led the webinar, with insights and contributions from Dow Jones’ Sophie Russell and leading information and research professionals, from a professional services firm […]