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CAMS · Question #256

What can a compliance officer do in the absence of automated software to conduct U.S. Department of the Treasury Office of Foreign Assets Control (OFAC) sanction screens?

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AML/CFT Compliance Programs

Question

What can a compliance officer do in the absence of automated software to conduct U.S. Department of the Treasury Office of Foreign Assets Control (OFAC) sanction screens?

Options

  • ARely on a credit report from OFAC
  • BConduct a key-word search on the Internet
  • CUse the consolidated Sanctions List Search screen on the OFAC website
  • DObtain up-to-date copies of the OFAC's Specially Designated Nationals list

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Topics

#OFAC sanctions#SDN list#manual screening#sanctions compliance
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