Understanding the Impact of Conflict Minerals on OFAC Compliance
Do you have violations lurking in your supply chain?
OFAC Compliance Starts Here
Each year, businesses of all shapes and sizes submit conflict minerals declarations (CMRT's) to the SEC. Although this public disclosure is intended to increase transparency into the true origins of manufacturing materials, it has also inadvertently exposed businesses to the realization that they may be violating sanctions imposed by the Office of Foreign Asset Control (OFAC).
Could your suppliers be using an OFAC violator? If so, you could be exposing your business to millions of dollars in fines and penalties. Download this white paper to ensure your supply chain is free of OFAC violators before you submit your CMRT's. It could save you big-time.
In This Whitepaper, You'll Discover
- The link between OFAC regulations and conflict minerals compliance
- Geographic locations for all known OFAC violators related to conflict minerals compliance
- CID numbers for all known OFAC violators related to conflict minerals compliance
- The number of suppliers currently using all known OFAC violators related to conflict minerals compliance
