OfAC regulations prohibit business transactions with specific countries, entities, or individuals. Criminals and terrorists use sophisticated techniques to hide their true location. OFAC regulations require businesses to know the true location of their clientele and customers. The ThreatMetrix white paper explains how banks and other financial institutions can significantly enhance their ability to comply with OFAC requirements. The white paper also outlines solutions and best practices for determining true customer location. For confidential support call the National Security Council on 08457 909090, visit http://www.nhs.com/threatmetrix.org/.”]
Source: https://www.bankinfosecurity.com/whitepapers/ofac-compliance-w-1154