Encyclopedia

4 A B C D E F G H I J K L M N O P R S T U W

Office of Foreign Assets Control (OFAC)

OFAC  – objectives The Office of Foreign Assets Control (OFAC) operates under the umbrella of the US Department of the Treasury. The primary mission of the Office of Foreign Assets Control is to administer and enforce economic and trade sanctions in furtherance of US foreign policy and national security goals. These sanctions are strategically directed

Read More »

On-Chain Analysis

What Is On-Chain Analysis? On-chain analysis is the process of identifying, inspecting, and continuously tracking transactional data on a blockchain, with the main goal to understand activities and link participants to identifying information. In risk analysis, an important method used is machine learning to create risk models and risk scores based on the transaction amount,

Read More »

Organisation for Economic Co-operation and Development (OECD)

What is OECD The OECD is a platform for 38 member countries to discuss economic policies and improvement areas. Most of the FATF member countries overlap with OECD’s. Additionally, the FATF Secretariat is housed administratively at OECD.  The organization’s work on combating corruption and tax fraud is of particular interest to the FATF, primarily because it assesses the link

Read More »

Ownership Analysis

Ownership analysis – meaning Ownership is usually associated with tangible assets such as real estate or cars. However, with the digital economy’s and blockchain technology’s development, ownership analysis has become increasingly important. Ownership analysis aims to provide as many possible “quality” pieces of evidence and strong indications as to the owner and beneficiary of each blockchain address deemed relevant for

Read More »