# Compliance with 31 CFR Chapter V with Respect to Fully-Automated Financial Transactions
> **OFAC** · Policy Statement. · Published 1995-06-30 · 60 FR 34142
## Document
- **Document number:** 95-16121
- **Category:** sanctions-ofac
- **Sub-agency:** OFAC
- **Federal Register citation:** 60 FR 34142
- **Publication date:** 1995-06-30
## Abstract

Due to the wide availability and use by financial institutions of name-recognition software to screen fully-automated financial transactions for potential violations of economic sanctions programs, the Office of Foreign Assets Control (``FAC'') will no longer treat fully-automated transactions differently from manually-processed transactions for civil penalty purposes.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/1995/06/30/95-16121/compliance-with-31-cfr-chapter-v-with-respect-to-fully-automated-financial-transactions)
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