Tag: Compliance

  • The convergence of AML and KYC functions is critical for effective sanctions compliance

    By Elizabeth Callan Does your institution’s sanctions compliance program rely solely on customer screening and transaction filtering? If so, based on guidance from the U.S. Office of Foreign Assets Control (OFAC), your program may be vulnerable to breaches. The convergence of sanctions compliance, AML investigations, and customer due diligence can minimize those risks, however. OFAC…

  • The Importance of Electrical Code Compliance in Commercial Buildings

    Regarding electrical safety in your commercial building, it’s important to know all applicable requirements. This article will discuss why staying current with your local and national codes is important and what you should know about preparing your building for inspections. Updated codes promote innovation that creates better products and stimulates economic development. They also save…