Investigations & Compliance Consulting

Global Sanctions Compliance

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We address the full range of global sanctions compliance challenges to both prevent and respond to potential violations.

Our team brings together decades of experience as in-house compliance professionals, former senior regulators and law enforcement professionals, internal auditors, and technology specialists.

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Proactive Compliance Services
  • Global Compliance Training Design & Delivery
  • Global Enhanced Due Diligence (EDD) Support
  • Global Sanctions Enterprise Risk Assessment & Modeling
  • Internal Compliance Audit Co-Sourcing
  • Sanctions Compliance Data Rationalization & Enhancement
  • Sanctions Compliance Investigations
  • Sanctions Compliance Program Assessment & Operational Design
  • Sanctions Compliance Technology Consulting & Implementation
  • Transaction Risk Model Design
Incident Response
  • De-Listing Petitions
  • Internal Investigations / Look-Back Exercises
  • Post-Settlement Compliance Monitorships
  • Program Remediation
OFAC SANCTIONS COMPLIANCE PROGRAM (SCP) OVERVIEW

In 2019, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued detailed guidance setting expectations for an adequate Sanctions Compliance Program (SCP), which includes five essential components:

  • Management Commitment: Senior management must delegate sufficient authority and provide adequate resources to the compliance function to execute the program as designed.
  • Risk Assessment: The SCP should include a “holistic review” of the global organization to identify the scope and nature of its interactions with external entities.
  • Internal Controls: The SCP should include internal controls such as policies, procedures, regular audits, and adequate recordkeeping.
  • Testing & Auditing: The SCP should be tested by an audit function that is directly accountable to senior management, independent of the function being reviewed, and technically qualified to review the activities in its audit scope.
  • Training: The SCP should be communicated via a broadly accessible global training program that communicates job-specific sanction compliance responsibilities and evaluates compliance awareness.
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California Architecture & Engineering services are provided by J.S. Held Engineering and Architecture, Inc., a wholly owned subsidiary of J.S. Held LLC

J.S. Held, its affiliates and subsidiaries are not certified public accounting firm(s) and do not provide audit, attest, or any other public accounting services. J.S. Held is not a law firm and does not provide legal advice. Securities offered through PM Securities, LLC, d/b/a Phoenix IB, a part of J.S. Held, member FINRA/ SIPC or Ocean Tomo Investment Group, LLC, a part of J.S. Held, member FINRA/ SIPC. All rights reserved.

Member FINRA | SIPC
J.S. Held

Headquarters

50 Jericho Quadrangle
Suite 117
Jericho, N.Y. 11753
+1 516 621 2900
[email protected]

Media Relations

Contact: [email protected]

Subsidiary Firms

Contract Administration Associates, a J.S. Held Company

DBSConsult, a J.S. Held Company 
 

JS Held Malaysia Sdn. Bhd. | Registration No. 202001033278 (1389599-P)

J.S. Held Engineering Services PLLC

J.S. Held Singapore Pte. Ltd. | Registration No. 202032700W

J.S. Held UK Limited

J.S. Held India Private Limited

Ocean Tomo, a part of J.S. Held
 

California Architecture & Engineering services are provided by J.S. Held Engineering and Architecture, Inc., a wholly owned subsidiary of J.S. Held LLC

J.S. Held, its affiliates and subsidiaries are not certified public accounting firm(s) and do not provide audit, attest, or any other public accounting services. J.S. Held is not a law firm and does not provide legal advice. Securities offered through PM Securities, LLC, d/b/a Phoenix IB, a part of J.S. Held, member FINRA/ SIPC or Ocean Tomo Investment Group, LLC, a part of J.S. Held, member FINRA/ SIPC. All rights reserved.

Member FINRA | SIPC
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