ST1147
Respondent commits to ensuring that, upon learning of a confirmed negative testing, audit result, or deficiency pertaining to its OFAC compliance programs, it will take immediate and effective action to provide training to relevant personnel.
Plain-language summary
What it actually means.
Plain-language summary forthcoming. Source text below.
Source text
As written.
Respondent commits to ensuring that, upon learning of a confirmed negative testing, audit result, or deficiency pertaining to its OFAC compliance programs, it will take immediate and effective action to provide training to relevant personnel.
Assessed by HEXDI
What HEXDI assesses.
- M3
3 — TRAINING
Training schedule includes, but is not limited to, the following topics: purpose, scope, and restrictions of export/import controls; high…
- M11
8 — AUDITS AND ASSESSMENTS
Program has procedures for timely sharing best practices and lessons learned from audit results within the company to improve effectiveness…
- M12
1 — HANDLING VIOLATIONS
Program has procedures to timely remediate potential violations.
- M12
1 — HANDLING VIOLATIONS
Program has procedures for tracking and remediating risks of potential violations identified during due diligence in mergers and…
Related
Other DOT standards.
Source & revisions
- First mapped
- Jun 8, 2022
- Last updated
- Aug 11, 2026 (3d ago)
- Source
- OFAC Settlement Agreements