ST1126
Respondent commits to ensuring that its compliance unit(s) are delegated sufficient authority and autonomy to deploy its policies and procedures in a manner that effectively controls Respondent’s OFAC risk.
Source text
As written.
Respondent commits to ensuring that its compliance unit(s) are delegated sufficient authority and autonomy to deploy its policies and procedures in a manner that effectively controls Respondent’s OFAC risk.
Change history
When and why it changed.
Present in the original catalog
This standard has not changed since it was added.
Assessed by HEXDI
What HEXDI assesses.
- M2
2 — PROGRAM SETUP AND ADMINISTRATION
Employee responsible for coordinating the program has adequate resources, sufficient authority, and direct access to Senior Management or…
- M2
3 — PROGRAM SETUP AND ADMINISTRATION
Employees with key compliance responsibilities have sufficient authority to perform their tasks.
- M2
4 — PROGRAM SETUP AND ADMINISTRATION
Employees with key compliance responsibilities are located in a company unit that minimizes any potential conflicts of interest between the…
- M11
1 — AUDITS AND ASSESSMENTS
Program designates a qualified employee with requisite authority, training, and experience to coordinate and supervise program audits.
- M11
2 — AUDITS AND ASSESSMENTS
Program requires that only qualified personnel with requisite authority, training, and experience perform audits.
- M11
3 — AUDITS AND ASSESSMENTS
Program has a procedure for addressing actual and potential conflicts of interest between the auditor and the unit, functional level,…
Related
Other DOT standards.
Source & revisions
- First mapped
- Jun 8, 2022
- Last updated
- Oct 28, 2026 (6d ago)
- Source
- OFAC Settlement Agreements