OFAC


Also found in: Financial.
AcronymDefinition
OFACOffice Federal de l'Aviation Civile
OFACOntario Farm Animal Council (Canada)
OFACOlmsted Falls Airport Committee
OFACOld Firehouse Art Center (Longmont, CO)
OFACOffice of Foreign Assets Control (US Treasury)
OFACOrganic Fertilizer Association of California
References in periodicals archive ?
During this period, BTMU has fully reviewed its operations management framework, and OFAC has acknowledged that BTMU has undertaken significant remediation efforts.
Today's action is the result of a joint investigation by OFAC and DEA and is the latest in a series of OFAC designations that complement efforts to target the synthetic drug industry through Project Synergy.
Then it said the State Department does not agree with what OFAC has done and is trying to get the ruling changed: "The Department of State and Coursera are aligned in our goals and we are working tirelessly to ensure that blockage is not permanent.
To apply the embargo against them, OFAC employs the Specially Designated Nationals (SDN) list.
Since they can no longer rely on a specific license issued by OFAC, U.
With assets located all over the world, OFAC compliance can be complex, putting companies at risk for violating U.
To comply with OFAC regulations, insurers must check the identity of persons or entities having, or seeking to have, an interest in an insurance transaction to determine whether such person or entity is "listed" by OFAC.
After the outcry, OFAC issued a climbing-down clarification on April 2, saying that all of what the IEEE had described as "editing" would now be permissible.
CSI) (OTCQX: CSVI) and a leading regulatory compliance solutions provider, helps businesses simplify these issues and mitigate risk through its industry-leading WatchDOG([R]) Pro, an automated OFAC verification solution.
OFAC and its partners, including the Drug Enforcement Administration and Mexican authorities, are determined to expose and disrupt anyone supporting CJNG.
But only days after making the announcement, Road Scholar reportedly received an amended copy of its P2P license from OFAC, which spelled out that such travel to Cuba could not take place "aboard a vessel"--forcing the company to abruptly cancel its cruise.