A Brigada reader asks, “What resources do you know about for international compliance checks? When we are sending funds abroad to individuals, we need to ensure they are not on any criminal list, terror list or designated person restricted by OFAC. What services are people using? What’s most affordable?” Can you help them out? Please comment.
Here is a link to the OFAC database: https://sanctionssearch.ofac.treas.gov/
I have used this in the past and then printed the results with the transfer documentation to provide proof that this was checked. I was never aware of any audit done to determine how compliant this process is, so I don’t know how this would hold up if questioned. Just one blind beggar telling another…
This is indeed the best, Chad. Well said. This is the one our org uses too.
I work in financial services and this is the link we use as well.
It´s good for flagging Ali Khamenei, but otherwise that resource does not flag any of the top ten fugitives of the FBI. What affordable resources do people know about that include compliance checks in a broader sense (not just OFAC, but also criminal backgrounds and negative press, foreign crimes, etc)?