The hidden lesson in OFAC guidance on “false hit lists”

A recent OFAC press release, and guidance document, offers some good advice, but also risks misleading readers. A careful read of the case and guidance will reveal a hidden lesson to be learned. At first glance, the guidance simply reminds companies to ensure their Sanctioned Party Lists (SPL) are updated and reviewed, and most readers … Continue reading “The hidden lesson in OFAC guidance on “false hit lists””