OFAC on credit card authorized users

Does anyone know if OFAC needs to be run for credit card authorized users? Thank you.

OFAC doesn't require you to run anyone by its SDN List. It only cares that you not violate OFAC regulations. Your bank should do a risk-based analysis of authorized users of credit cards to figure out whether you want to scan such names against the list.

Thank you John. My next question is: What about CIP, should the 4 basic CIP items be collected for credit card authorized users?

The regulation would not require it, because as authorized signers these people are not customers. But if your CIP requires it, you have to abide by those in-house policies.