OFAC Compliance: A Risk-Based Approach

OFAC Compliance: A Risk-Based Approach

OFAC – “What is that, and do I care?” The answer to the latter question should be a resounding “Yes” if you are in bank management, compliance, account on-boarding, or transaction monitoring. OFAC, the acronym for the Office of Foreign Assets Control of the U.S....
Using AI in the Workplace

Using AI in the Workplace

As the adoption of Artificial Intelligence (AI) continues to grow in workplaces, it’s crucial to approach its integration with a critical eye. While AI offers potential benefits such as increased efficiency, it also presents significant challenges, particularly...