Stay Ahead of OFAC’s Expanding Sanctions Compliance Standards

As OFAC intensifies oversight on deceptive shipping practices, sanctions evasion, and export control circumvention, baseline customer due diligence is no longer enough.

The New Regulatory Reality

In its latest advisory (December 2023), the Office of Foreign Assets Control (OFAC) urges global financial institutions—especially those outside the U.S.—to strengthen controls against activities linked to Russia’s military-industrial base and its supporters.

The message is clear: traditional compliance frameworks must evolve to meet new sanctions risks and maritime trade complexities.

The Smarter Way to Evaluate Maritime Risk

Lloyd’s List Intelligence Risk Evaluation Suite delivers advanced tools to identify, assess, and mitigate exposure to sanctioned entities and deceptive shipping activities.

Our platform integrates:

• Verified global trade and vessel data
• AI-driven analytics for real-time sanctions risk evaluation
• Expert maritime intelligence for confident compliance decisions

Why It Matters

Strengthened sanctions enforcement means higher expectations—and higher penalties for non-compliance.

Lloyd’s List Intelligence helps financial institutions achieve:

• Maximum regulatory compliance
• Faster due diligence
• Reduced operational risk

Access the new standard in maritime trade risk analysis.

Evaluate your exposure with data, analytics, and expertise that power confident compliance.