Recently, OFAC published its comprehensive yet practical insights on how to comply with these sanctions for the US organizations as well as non-US entities, which are active in or conducts business with the US, US persons, or using US-origin goods or services. In an effort to promote pro-active compliance, OFAC’s new guidelines, A Framework for OFAC Compliance Commitments, reveals what the enforcers consider to be the integral elements of an effective compliance program. For more insights on OFAC’s compliance framework, you can access the full text in Turkish via this link.