sanctionssearch.ofac.treas.gov Reviews

The website is the official U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) Sanctions List Search. It is a critical tool for individuals and businesses to ensure compliance with U.S. sanctions regulations. The site provides access to the Specially Designated Nationals (SDN) List and other sanctions lists administered by OFAC. These lists include individuals and companies that are subject to economic and trade sanctions due to their involvement in activities such as terrorism, narcotics trafficking, proliferation of weapons of mass destruction, and other threats to U.S. national security and foreign policy. The purpose of the site is to allow users to search for specific individuals, entities, vessels, and other targets to ensure that they are not engaging in prohibited transactions with sanctioned parties. The site provides detailed information on the program codes associated with each entry, allowing users to understand the specific sanctions and restrictions that apply. It also offers a slider bar to set a threshold for the confidence rating of potential matches, helping users to refine their searches. Importantly, the site emphasizes that the use of the Sanctions List Search is not a substitute for undertaking appropriate due diligence. It does not limit any criminal or civil liability for acts undertaken as a result of, or in reliance on, such use. This underscores the importance of using the tool as part of a comprehensive compliance program. The site also provides links to download the SDN List and the Consolidated Non-SDN List, as well as a program code key lookup for reference. The information on the site is regularly updated, with the last update dates for the SDN and non-SDN lists prominently displayed. Overall, the Sanctions List Search website is a valuable resource for individuals and organizations to ensure compliance with U.S. sanctions regulations and to avoid engaging in prohibited transactions with sanctioned parties.”

the reasons behind this review :
Official U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) website, Provides access to the Specially Designated Nationals (SDN) List and other sanctions lists administered by OFAC, Critical tool for individuals and businesses to ensure compliance with U.S. sanctions regulations, Lists include individuals and companies subject to economic and trade sanctions, Emphasizes the importance of using the tool as part of a comprehensive compliance program, Regularly updated information with last update dates prominently displayed, Offers detailed information on program codes associated with each entry, Provides links to download the SDN List and the Consolidated Non-SDN List, Includes a program code key lookup for reference, Use of the Sanctions List Search is not a substitute for undertaking appropriate due diligence, Does not limit any criminal or civil liability for acts undertaken as a result of, or in reliance on, such use