Editor's Note: This video originally appeared on October 10, 2017 here on Security Now's website.
Last year, 60 million companies changed owners worldwide. That turnover makes it incredibly difficult to avoid doing business with entities (e.g., Russia and Iran) or individuals (e.g., drug dealers or terrorists) sanctioned by the US government.
In this video, Bureau van Dijk - A Moody's Analytics Company's Anders Rodenberg explains the Office of Foreign Assets Control (OFAC) "50% rule" and how companies can ensure they're in compliance with it. He goes on to explain that the introduction of company ownership has fundamentally changed economic sanctions compliance.