Skip to content
BOL Conferences
Thread Options
#2196158 - 10/23/18 12:26 PM OFAC Regs - where states CONS list must be scanned
Madawaska Offline
100 Club
Joined: Sep 2008
Posts: 108
VA
Can anyone point me to where regulations quote the CONS list must be scanned?

Or is it lumped into the terminology "OFAC lists".

Thanks for your input.

Return to Top
BSA/AML/CIP/OFAC Forum
#2196202 - 10/23/18 03:57 PM Re: OFAC Regs - where states CONS list must be scanned Madawaska
bcompliance Offline
Diamond Poster
Joined: Sep 2014
Posts: 1,294
There is no regulation that says you must scan the CONS list. It is a risk based decision. The regulation only specifies what the penalties are for conducting business with a party subject to certain sanctions lists.
_________________________
CRCM, CAMS

Return to Top

Moderator:  Andy_Z