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Compliance and Compliance Frameworks- What are they?

What is compliance? What are compliance risks? What is a compliance framework and how does it relate to compliance risks? This post aims to explain these topics by using a law that Americans are familiar with. Basically, compliance is complying with a set of rules,...
Sanctions Screening

Sanctions Screening

There are many ways to run afoul of OFAC regulations, one being to engage with a blocked party. This risk can be mitigated by sanctions screening; failure to implement a robust screening program can result in a monetary settlement with the U.S. government, as was the...