Sanctions & OFAC

OFAC compliance without false-positive paralysis

Real-time screening against OFAC SDN, EU Consolidated, UN Security Council, and HMT sanctions lists. Configurable fuzzy matching to reduce false positives without sacrificing coverage.

5
Major sanctions lists covered
<24h
List update latency
List Coverage

Sanctions lists covered

OFAC SDN List

U.S. Treasury Office of Foreign Assets Control Specially Designated Nationals list. Updated within 24 hours of OFAC publication. Required for all U.S.-chartered financial institutions.

EU Consolidated Sanctions

European Union consolidated list of persons, groups, and entities subject to EU financial sanctions. Relevant for EU-connected customers and cross-border payments.

UN Security Council

United Nations consolidated sanctions lists from Security Council resolutions including Al-Qaida and Taliban sanctions regimes and country-specific lists.

HMT / OFSI

UK HM Treasury Office of Financial Sanctions Implementation consolidated list. Critical for digital banks with UK customers or GBP payment flows.

Screening Modes

Real-time vs. batch — use both

Real-Time Screening

At transaction execution

  • Blocks payment if counterparty matches sanctions list
  • Sub-500ms response time for payment approval flows
  • Configurable match threshold (exact, fuzzy 80%+, fuzzy 90%+)
  • OFAC 50% rule logic for entity ownership chains
  • Returns match score and matched field for analyst review
Batch Rescreening

Daily against updated lists

  • Full customer base rescreened after every list update
  • Automated alert generation for new hits on existing customers
  • Scheduled to run within 24 hours of list publication
  • Prioritized queue for high-risk accounts
  • Batch results feed directly into case management
Hit Review Workflow

From hit to decision to documentation

OFAC sanctions hit review workflow: Hit detected, Analyst review, Escalation decision, Clear or File SAR

Hit Detected

Alert generated with match score, matched name/DOB/nationality, and original list entry. Assigned to available analyst.

Analyst Review

Analyst reviews match quality, customer data, and transaction context. Can request additional documentation from customer.

Clear or Escalate

False positive cleared with documented rationale. True match escalated to BSA officer — may trigger SAR filing and account restriction.

OFAC compliance without drowning in false hits

Configurable fuzzy matching means you catch real threats without creating alert fatigue for your compliance team.

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