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GCL

English translation: GCL (Government Control Lists)

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:GCL
English translation:GCL (Government Control Lists)
Entered by: BristolTEc
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22:07 Mar 21, 2007
Spanish to English translations [PRO]
Bus/Financial - Finance (general) / Prevention of money laundering
Spanish term or phrase: GCL
To do with steps against money laundering in a financial institution:

"Asimismo el departamento de Compliance, realiza los siguientes controles:
• Obtener listado de efectivos y listado de acumulados.
• Obtener listado de cheques.
• Obtener listado de beneficiarios cobros-pagos y contrastar con GCL y/o OFAC."
BristolTEc
Ecuador
Local time: 14:01
GCL (Government Control Lists)
Explanation:
GCL= Government Control Lists

"A further important information category concerns what are known as government control lists (GCL) maintained by the U.S. government and other governments throughout the world. Briefly, GCLs list those parties (individual and commercial) that governments have found to be carrying out (or found likely to be carrying out) improper activities. Many of activities considered improper by various governments, such as money laundering, drug dealing, arms trafficking, terrorist activity, and the like, are relevant to USAPA compliance. It is key that these lists be consulted.
http://www.freshpatents.com/Systems-and-methods-for-usa-patr...
(Look at section 0034)

------------
OFAC:
Office of Foreign Asset Compliance http://www.ustreas.gov/offices/eotffc/ofac

---------------------

GCL = Government Control Lists
OFAC= Office of Foreign Asset Compliance

Selected response from:

Medworks
United States
Local time: 12:01
Grading comment
Many thanks
4 KudoZ points were awarded for this answer

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Summary of answers provided
5GCL (Government Control Lists)Medworks


  

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3 hrs   confidence: Answerer confidence 5/5
GCL (Government Control Lists)


Explanation:
GCL= Government Control Lists

"A further important information category concerns what are known as government control lists (GCL) maintained by the U.S. government and other governments throughout the world. Briefly, GCLs list those parties (individual and commercial) that governments have found to be carrying out (or found likely to be carrying out) improper activities. Many of activities considered improper by various governments, such as money laundering, drug dealing, arms trafficking, terrorist activity, and the like, are relevant to USAPA compliance. It is key that these lists be consulted.
http://www.freshpatents.com/Systems-and-methods-for-usa-patr...
(Look at section 0034)

------------
OFAC:
Office of Foreign Asset Compliance http://www.ustreas.gov/offices/eotffc/ofac

---------------------

GCL = Government Control Lists
OFAC= Office of Foreign Asset Compliance



Medworks
United States
Local time: 12:01
Works in field
Native speaker of: Native in SpanishSpanish, Native in EnglishEnglish
PRO pts in category: 4
Grading comment
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