Home » Events » OFAC Screening Webinar

Multinationals headquartered in the US are under various obligations under US Law to screen lists of employees, customers and vendors against various lists such as lists compiled and issued by the US Department of Treasury Office of Foreign Asset Control (OFAC) listing targeted foreign countries, terrorists, international narcotics traffickers and others engaged in criminal activities such as activities related to the proliferation of weapons of mass destruction. Failure to abide by these requirements may result in sanctions against the US headquartered business, sometimes severe.

These obligations to screen do, however, provide a very real tension between Norwegian and Swedish data privacy laws and the regulators in these countries which, as a point of departure, does not recognize the legality of such screening activities under local law.

This webinar provides a brief overview of the current legal situation in these countries concerning screening against OFAC lists, recent developments, and the challenges US headquartered businesses are faced with in these jurisdictions.

The webinar takes place at 15:00 Norwegian time. Please find registration information HERE.