The Office of Foreign Assets Control (“OFAC”) recently announced a settlement agreement with Danfoss A/S (“Danfoss” or “the company”) in response to allegations that Danfoss directed its customers in ...

After a short visit to Val Lewton’s Cat People, I return to conclude this multipart series on the Framework for OFAC Compliance Commitments (Framework). Every compliance professional of any stripe ...

Q: In responding to a prospective corporate account's request for proposal, we came across this question: "Please describe your OFAC sanctions compliance program." What is OFAC, what is a sanctions ...

LAKE OSWEGO, Ore.--(BUSINESS WIRE)--Bates Group, a leading financial services consulting firm, is excited to announce the acquisition of CorCom, a top AML compliance (anti-money laundering) consulting ...