ST1132DOTOFAC

ST1132

Respondent has designed and implemented written policies and procedures outlining its sanctions compliance plan. These policies and procedures are relevant to the organization, capture the Respondent’s day-to-day operations and procedures, are easy to follow, and prohibit employees from engaging in…

Plain-language summary

What it actually means.

to be determined

Plain-language summary forthcoming. Source text below.

Source text

As written.

Respondent has designed and implemented written policies and procedures outlining its sanctions compliance plan. These policies and procedures are relevant to the organization, capture the Respondent’s day-to-day operations and procedures, are easy to follow, and prohibit employees from engaging in misconduct.

Assessed by HEXDI

What HEXDI assesses.

  • M1

    1 — MANAGEMENT COMMITMENT

    Senior Management establishes a formal written international trade compliance program, principally comprised of top-level policies and…

  • M2

    1 — PROGRAM SETUP AND ADMINISTRATION

    Program is developed using a reasoned methodology that is based on a thorough analysis and identification of risks pertaining to company…

  • M2

    10 — PROGRAM SETUP AND ADMINISTRATION

    Risk analysis and identification considers risks posed by internal factors such as changes to product lines, staffing, operating processes,…

  • M2

    1 — PROGRAM SETUP AND ADMINISTRATION

    Program is written in a clear and logical manner that is understandable by all employees.

  • M2

    2 — PROGRAM SETUP AND ADMINISTRATION

    Program contains written procedures that address key compliance tasks.

  • M2

    3 — PROGRAM SETUP AND ADMINISTRATION

    Procedures are implemented and consistent with actual operations.

Source & revisions

First mapped
Jun 8, 2022
Last updated
May 26, 2026 (30m ago)
Source
OFAC Settlement Agreements