Phoenix, AZ (PRWEB) April 14, 2005
Personnel Profiles Employment Screening, Inc. today announced free instant lookup capability to the Department of TreasuryÂs Office of Foreign Assets ControlÂs (OFAC) Specially Designated Nationals (SDN) list, also known as the OFAC SDN List.
The OFAC/SDN is a list of known terrorists, international narcotics traffickers, and those engaged in activities related to the proliferation of weapons of mass destruction whom have been sanctioned by the Department of Treasury. U.S. businesses and private individuals are prohibited from conducting financial transactions with these persons and entities.
ÂChecking the SDN List is required by federal law and should be an integral part of any companyÂs employment screening program,Â said John Evans, vice president Sales for Personnel Profiles. ÂNow users can easily meet that requirement with our free instant search capability.Â
How It Works
The OFAC/SDN Search from Personnel Profiles provides users with the ability to instantly check the name of a candidate against the governmentÂs database. The search compares the submitted name to the first and last name fields and the alternative identities field contained within the database. The results will display both exact matches and near matches. The Personnel Profiles OFAC SDN search is designed to compare names of individuals against the government database and may not return results for prohibited vessels or entities.
About the Office of Foreign Assets Control
The Office of Foreign Assets Control ("OFAC") of the US Department of the Treasury administers and enforces economic and trade sanctions based on US foreign policy and national security goals against targeted foreign countries, terrorists, international narcotics traffickers, and those engaged in activities related to the proliferation of weapons of mass destruction. OFAC acts under Presidential wartime and national emergency powers, as well as authority granted by specific legislation, to impose controls on transactions and freeze foreign assets under US jurisdiction. Many of the sanctions are based on United Nations and other international mandates, are multilateral in scope, and involve close cooperation with allied governments. To learn more about the Department of TreasuryÂs OFAC list, please visit the Office of Foreign Assets Control at http://www.treas.gov/offices/enforcement/ofac/
Who must comply with OFAC regulations?
All U.S. persons must comply with OFAC regulations, including all U.S. citizens and permanent resident aliens regardless of where they are located, all persons and entities within the United States, all U.S. incorporated entities and their foreign branches. In the cases of certain programs, such as those regarding Cuba and North Korea, all foreign subsidiaries owned or controlled by U.S. companies also must comply. Certain programs also require foreign persons in possession of U.S. origin goods to comply.
About Personnel Profiles Employment Screening, Inc.
Located in Mesa, AZ, Personnel Profiles Employment Screening (http://www.personnelprofiles.com) is a national provider of background screening solutions to corporate America. The company is a licensed, bonded and insured employment screening agency and a founding member of the National Association of Pre-employment Background Screeners (http://www.napbs.com). Personnel Profiles complies strictly with the tenets of the Fair Credit Reporting Act.
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