Chloe has a closing coming up and she still needs to search all parties in the OFAC Sanctions list! Will everyone check out?
The Office of Foreign Assests Control administers and enforces economic and trade sanctions based on US foreign policy and national security. In this video, we discuss who the OFAC is, what their purpose is and the importance of checking their sanctions lists before each closing.
Sanctions Search Website: https://sanctionssearch.ofac.treas.gov
OFAC Hotline: 1-800-540-6322