ST1142
Respondent commits to updating its risk assessment and reviewing its sanctions policies, procedures, and practices on a periodic basis in order to identify and correct any weaknesses or deficiencies.
Plain-language summary
What it actually means.
Plain-language summary forthcoming. Source text below.
Source text
As written.
Respondent commits to updating its risk assessment and reviewing its sanctions policies, procedures, and practices on a periodic basis in order to identify and correct any weaknesses or deficiencies.
Assessed by HEXDI
What HEXDI assesses.
- M2
1 — PROGRAM SETUP AND ADMINISTRATION
Program is reviewed to determine the need for updates at least annually and when significant changes in the law or company operations occur.
- M2
2 — PROGRAM SETUP AND ADMINISTRATION
Procedures assign responsibility to an employee or group of employees to monitor the Federal Register and Code of Federal Regulations for…
- M4
3 — JURISDICTION, CLASSIFICATION, AND MARKING
Program requires updates to the export/import matrix to ensure it is kept current for changes in the law and for changes to company…
- M6
2 — TRANSACTION SCREENING
Screening procedures require updates to the product/country matrix and/or a decision-tree to ensure it is kept current for changes in the…
- M11
1 — AUDITS AND ASSESSMENTS
Program requires both internal and external audits to confirm whether procedures are performed as written and to determine effectiveness of…
- M11
4 — AUDITS AND ASSESSMENTS
Program requires regular ongoing feedback, testing, and/or quality control assessments of processes on a regular basis outside of the audit…
Related
Other DOT standards.
Source & revisions
- First mapped
- Jun 8, 2022
- Last updated
- May 26, 2026 (30m ago)
- Source
- OFAC Settlement Agreements