Examples of OFAC SDN List in a sentence
The Competition is not open to anyone subject to sanctions imposed by the Department of Treasury, Office of Foreign Assets Control (OFAC), including any individual on the OFAC SDN List or any individuals residing in Cuba, Iran, North Korea, Sudan, Syria, or the Crimea Region of Ukraine or any other country that may be added to OFAC’s embargo list.
The Borrower (i) is not identified on the OFAC SDN List, (ii) is not a Sanctioned Person, (iii) does not have more than 15% of its assets in Sanctioned Countries, and (iv) does not derive more than 15% of its operating income from investments in, or transactions with Sanctioned Persons or Sanctioned Countries.
The Servicer (i) is not identified on the OFAC SDN List, (ii) is not a Sanctioned Person, (iii) does not have more than 15% of its assets in Sanctioned Countries, and (iv) does not derive more than 15% of its operating income from investments in, or transactions with Sanctioned Persons or Sanctioned Countries.
As part of the comprehensive and sustained campaign against terrorist financing, allU.S. persons, including U.S.-based charities, are prohibited from dealing with persons (individuals and entities) identified as being associated with terrorism on OFAC's Specially Designated Nationals and Blocked Persons List (OFAC SDN List).
Please provide a complete description of your capabilities for monitoring for compliance purposes requirements embodied in the Patriot Act, Anti-Money Laundering, and OFAC SDN List.