Why Choose Compliancely’s Foreign Sanctions Evaders Check API?
There is nothing more daunting than realizing that your business ended up hiring an individual or associated with an entity sanctioned by the OFAC. Do you know what can be worse than this? Associating with entities or individuals who are willfully disregarding the sanctions of the OFAC, and proceeding to engage with off-limit profiles.
Noncompliant associations could cost you hefty financial liabilities, penalty assessments for each violation from the federal agencies, operational prohibitions, and even civil liabilities (including imprisonment).
Compliancely’s seamless identity verification API allows you to identify and validate the source of identities of your profiles. Be it an investor or a recruit, always verify the identities before moving forward with business arrangements.