Because of the international emphasis of compliance regulations, the travel industry has a great deal of exposure to potential fraud risks, money laundering and OFAC compliance violations. Penalties for violations can be severe - up to $5 million dollars and 30 years in prison can be levied for failing to properly handle transactions. All of the following are examples of potential travel industry violations (some are from OFAC's own literature): Making travel arrangements to, from, or within a blocked country Booking a plane ticket to a sanctioned country, even through third-world countries Arranging travel for anyone whose address is in a sanctioned country Booking travel with any blocked airline Doing business with specified tour companies Using the services of unauthorized travel service providers There are thousands of blocked entities. Processing unauthorized transactions involving any of these entities can result in severe penalties. USA PATRIOT Act and OFAC regulations are designed to reduce the incidence of the aforementioned crimes while helping to mitigate any associated risks. What is OFAC and the USA PATRIOT Act? What practical steps can be taken to comply with these and other government regulations while mitigating various forms of risk? You may find the OFAC and USA PATRIOT Act Policy and Procedure Guides helpful in answering these questions. Compliance with these regulations is often very complex and time-intensive. Bridger Insight XG's advanced identity verification and watch list screening solution is designed to help you simplify the complex duty of compliance, while protecting your company's most valuable asset... your good reputation. Bridger Insight XG is ChoicePoint's premier USA PATRIOT Act and OFAC compliance solution, trusted by more clients than any comparable product.