Well you don’t, but the Feds do. Before I get into that, can I just say that I think there’s a competition between the government and the insurance business to see who can come up with more acronyms. So far, I think it’s a push. The Office of Foreign Assets Control (OFAC) of the U.S. Treasury Department administers economic and trade sanctions based on U.S. foreign policy and national security against targeted foreign countries,...
Brought to you by
