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.
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.
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
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
- Oct 28, 2026 (6d ago)
- Source
- OFAC Settlement Agreements