Global Payments Company Settles OFAC Charges For Multiple Sa

Global Payments Company Settles OFAC Charges For Multiple Sanctions Violations - International Law


To print this article, all you need is to be registered or login on Mondaq.com.
A Dallas-based global payments company settled potential civil liability with OFAC
for alleged violations of multiple sanctions regulations.
According to OFAC, in connection with services the company
provided to the DOJ's Federal Bureau of Prisons, the
company:
failed to screen customers against the List of Specially
Designated Nationals and Blocked Persons ("SDN
List");
processed transactions for blocked individuals as a result of
human error and "screening, technology and fuzzy logic
failures"; and
inappropriately determined that commercial transactions related
to Syria qualified as noncommercial, personal remittances.

Related Keywords

Central African Republic , Syria , Democratic Republic Of The Congo , Syrian , , Bureau Of Prisons , Services To Syria , Designated Nationals , Blocked Persons , Foreign Narcotics , Kingpin Sanctions Regulations , Narcotics Trafficking , Sanctions Regulations , Syrian Sanctions Regulations , Democratic Republic , Congo Sanctions Regulations , Mass Destruction Proliferators Sanctions , சிரியா , ஜனநாயக குடியரசு ஆஃப் தி காங்கோ , சிரிய , பணியகம் ஆஃப் ப்ரிஸந்ஸ் , நியமிக்கப்பட்ட நாட்டவர்கள் , தடுக்கப்பட்டது நபர்கள் , போதைப்பொருள் கடத்தல் , ஜனநாயக குடியரசு ,

© 2025 Vimarsana