White Paper | < 1 min read
What Credit Unions Need to Know About OFAC’s 50% Rule
Although credit unions have generally avoided OFAC enforcement action, there is no room for error in the current environment. The U.S. is now wielding ever harsher economic and trade sanctions against authoritarian regimes, who often own significant stakes in legal entities that are not transparent to the naked eye.
Learn more about OFAC’s 50% Rule as we delve into this critical, yet often misunderstood, aspect of sanctions compliance.