INTEL
Status: blockedCLUSTERbushehr shipping company limited added — likelyStatus: blockedCLUSTERNovorossiysk-Turkish-Med Dark Fleet Cluster added — confirmedStatus: blockedCLUSTERPinnacle Petrol LLC added — likelyStatus: blockedCLUSTERArrakis Development added — likelyStatus: blockedCLUSTERExxon Global Distributor added — likelyStatus: pendingCORPUS427 entities · 63 countries
All terms

Regulatory bodiesfincen

FinCEN

The US Financial Crimes Enforcement Network; receives SARs and administers Bank Secrecy Act reporting.

FinCEN (Financial Crimes Enforcement Network) is the US Treasury bureau that administers the Bank Secrecy Act and receives Suspicious Activity Reports (SARs). A compliance team that declines a counterparty may need to file a SAR; OilFlow's Defense Ledger can render the decision evidence into a FinCEN SAR-aligned format. Not legal advice.

Related: OFAC, KYC.

See also

ofackyc

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These terms show up in real deal pitches — some legitimate, some not. OilFlow screens the counterparty behind the pitch against 8 sanctions lists + PEP and a first-party-investigated fraud-cluster corpus, with a clearance verdict in under 30 seconds.