Office of Foreign Assets Control. A US regulatory Agency that is responsible for monitoring funds held or transferred to illegal entities. The OFAC list is a list of companies/individuals that should be prevented from sending/receiving funds.
Web service is part of a SOAP architecture and is defined as “a software system designed to support interoperable machine-to-machine communication”.
The Specially Designated Nationals (SDN) List is a publication of OFAC which lists individuals and organizations with whom United States citizens and permanent residents are prohibited from doing business. A
Under SEC rules, safe-harbor provisions protect management from liability for making financial projections and forecasts made in good faith.