OFAC Sanctions Screening Programme

Control: OFAC-001-001
Regulation: OFAC Sanctions
Category: technical
Priority: critical
Frequency: daily
Type: technical

What this control requires

Implement real-time OFAC sanctions screening covering SDN List, Consolidated Sanctions List, and relevant country programmes. Screen customers at onboarding, daily, and at transaction execution. Implement match review and escalation procedures. Maintain screening records for 5 years.

Other OFAC Sanctions controls

OFAC-002-001 - OFAC Match Review and Freeze NotificationOFAC-003-001 - OFAC Sanctions Compliance Training