Here’s the note: Important Technical Notice for Users of the OFAC website on SSL Certificates ISSUE: Replacement of SSL certificates on the Treasury Website SYSTEMS/PROCESSES IMPACTED: Scripts and other automated processes that download OFAC’s list-related data products; browsing OFAC’s website (depending on browser used and its configuration). WARNING: Failure to […]
Estimated reading time: 2 minutes
Changes to sanctions lists: sample data The structure and the format of the UK Sanctions List will be changing in February 2022. OFSI’s consolidated list will also be changing to align with the UK Sanctions List. FCDO has updated the UK Sanctions List page with sample data for each new format of the […]
Estimated reading time: 1 minute
Changes to sanctions lists: updated guidance The structure and the format of the UK Sanctions List will be changing in February 2022. OFSI’s consolidated list will also be changing to align with the UK Sanctions List. FCDO has updated the published guidance with more information about when these changes will be taking place and how to […]
Estimated reading time: 1 minute
A similar notice was issued for the Stored Value Facility (SVF) sector… 11 August 2021 The Chief Executive All Authorized Institutions Dear Sir / Madam, Supporting the Use of New Technologies for AML/CFT: Suggested Actions for the Hong Kong Banking Sector I am writing to update Authorized Institutions (AIs) regarding […]
Estimated reading time: 5 minutes
Sanctions List Search Upgrade Release date 01/25/2021 Body OFAC has upgraded its sanctions list search tool with fuzzy logic that is more resource efficient. The new fuzzy logic is intended to improve the performance of Sanctions List Search and make it more responsive. As a result of the new logic, users may […]
Estimated reading time: 53 seconds
Important Technical Notice for Users of the OFAC Website and Sanctions List Data Files 6/22/2020 The US Department of Treasury is initiating the annual renewal of the public certificate securing http://www.treasury.gov website, including OFAC sanctions list downloads. The existing certificate (expiring July 10, 2020) will be replaced on June 25, 2020 […]
Estimated reading time: 1 minute
Today, OFAC added the following companies: ADAMANT MARITIME LTD, Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, MH 96960, Marshall Islands; Identification Number IMO 5869890 [VENEZUELA-EO13850]. AFRANAV MARITIME LTD, Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, MH 96960, Marshall Islands; Identification Number IMO 6063849 [VENEZUELA-EO13850]. SANIBEL SHIPTRADE […]
Estimated reading time: 2 minutes
Read my latest piece on matching technologies here at Money Laundering Bulletin. It’ll be in the February print issue, but it’s online now. Mind you, I’m not the most technical when it comes to this, but I wasn’t trying to write a treatise – just trying to lay out the […]
Estimated reading time: 42 seconds
Published on 16 October 2019 In the financial services industry, the application of machine learning (ML) methods has the potential to improve outcomes for both businesses and consumers. In recent years, improved software and hardware as well as increasing volumes of data have accelerated the pace of ML development. The […]
Estimated reading time: 6 minutes
OFSI to update consolidated list links In 3 weeks time, OFSI will launch a new consolidated list, the system it uses to publish the details of individuals and entities subject to financial sanctions. The consolidated list extracts will have updated links on the gov.uk website. It is important that any bookmarks to the old links for each […]
Estimated reading time: 1 minute