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OFAC Compliance Policy

Last Updated: May 31, 2022

The CIMA Institute is legally required to comply with the rules and regulations mandated by the US Department of Treasury’s Office of Foreign Asset Control (OFAC) which prohibits US institutions from doing business in certain countries and with certain individuals or entities.

As per the regulations, we cannot provide services to or conduct business with individuals living in countries subject to certain sanctions, including but not limited to Afghanistan, North Korea, Syria, or the Crimea region of Ukraine.

In addition, the CIMA Institute does not conduct business with individuals or employees mentioned on the SDN (Specially Designated Nationals) list. It is highly recommended that potential candidates located outside the US check the OFAC SDN list to ensure their employer’s name is not on the list before registering for a CIMA Institute service. If a candidate registers or attempts to register for a program despite sanctions prohibiting CIMA® from doing business with them, CIMA® can and will cancel their registration without a refund of payment.

Please review the OFAC website for specific details and updates on current sanction programs and contact us if you have any concerns.

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