3 Reasons Your Employees Need OFAC Training
The Office of Foreign Assets Control (OFAC) is part of the United States Treasury Department. OFAC is responsible for enforcing economic and trade sections against countries, people, and groups that may be involved with terrorism or other illegal activities. This is to ensure that companies and individuals in the US aren't intentionally or inadvertently funding illegal or dangerous groups or governments. To ensure your employees understand the ins and outs of OFAC, they should attend an OFAC training program.