CAMS Exam Dumps | Which statement is the most accurate in describing who must comply with Office of Foreign Assets Control

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Question 180/374

Which statement is the most accurate in describing who must comply with Office of Foreign Assets Control (OFAC) sanctions?

A. All U.S. citizens and permanent residents regardless of where they are located, all U.S.-incorporated entities and their foreign branches, and all individuals and entities within the United States.

B. All U.S. citizens and permanent residents regardless of where they are located, all U.S.-incorporated entities excluding their foreign branches, and all individuals and entities within the United States.

C. All U.S. citizens except those with dual nationality, U.S. permanent residents, all U.S.-incorporated entities, and all individuals within the United States.

D. All U.S. citizens and permanent residents while located in the U.S., all U.S.-incorporated entities and their foreign branches, and all individuals within the United States.

E. S. Sanctions Compliance Framework by OFAC

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