ST0070DOTOFAC

ST0070

Sufficient control functions exist that support the organization’s SCP—including but not limited to information technology software and systems—that adequately address the organization’s OFAC-risk assessment and levels.

Plain-language summary

What it actually means.

to be determined

Plain-language summary forthcoming. Source text below.

Source text

As written.

Sufficient control functions exist that support the organization’s SCP—including but not limited to information technology software and systems—that adequately address the organization’s OFAC-risk assessment and levels.

Assessed by HEXDI

What HEXDI assesses.

  • M4

    4 — JURISDICTION, CLASSIFICATION, AND MARKING

    Company has automated its jurisdiction, classification, and marking processes.

  • M6

    1 — TRANSACTION SCREENING

    Company has automated its party and transaction screening process.

  • M7

    4 — AUTHORIZATION MANAGEMENT

    Company has automated its authorization submission process.

  • M7

    4 — AUTHORIZATION MANAGEMENT

    Company has automated its authorization implementation process.

  • M7

    4 — AUTHORIZATION MANAGEMENT

    Company has automated its authorization maintenance process.

  • M7

    4 — AUTHORIZATION MANAGEMENT

    Company has automated its notification and reporting process.

Source & revisions

First mapped
Jun 8, 2022
Last updated
May 26, 2026 (29m ago)
Source
Framework for OFAC Compliance Commitments