ACAMS
CAMS · Question #427
An oil exploration company based in France does business with oil refineries in Iran, which is subject to comprehensive Office of Foreign Assets Control (OFAC) sanctions. What type of OFAC sanctions…
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Compliance Standards (International AML/CFT Standards and the role of FATF)
Question
An oil exploration company based in France does business with oil refineries in Iran, which is subject to comprehensive Office of Foreign Assets Control (OFAC) sanctions. What type of OFAC sanctions should be imposed against the French company?
Options
- ASectoral
- BCountry-based
- CSecondary
- DList-based
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Topics
#OFAC sanctions#secondary sanctions#Iran#sanctions types