Sanctions and OFAC Compliance
This Sanctions and OFAC Compliance online training course is designed for all employees of organizations that do business outside the U.S. – exporters, importers, NGOs, financial institutions, etc. The U.S. Government has used economic sanctions and trade embargoes since its earliest days to further various foreign-policy, national-security, and safety objectives. In this course, you will learn about the types and scope of sanctions, sanctions lists, developing a sanctions compliance program, practical compliance measures, and penalties for non-compliance.
This Sanctions and OFAC Compliance online training course explores sanctions against foreign countries, governments, entities, or individuals. In this course, you will learn that effective compliance is not just about following the rules, it’s about protecting your organization from severe penalties, reputational harm, and operational disruptions. By understanding the scope of U.S. sanctions, implementing robust screening and due diligence, and fostering a culture of compliance, you help safeguard your business and contribute to broader national security objectives.
Course Learning Objectives
By taking this online Sanctions and OFAC Compliance course, the user will learn:
- What sanctions are and why they are imposed
- Who must comply with OFAC regulations
- About the scope and types of sanctions
- The significance of the Specially Designated Nationals (SDN), Sectoral Sanctions Identifications (SSI) and other sanctions lists
- The essential components of a Sanctions Compliance Program (SCP) and the SCP's importance
- Practical compliance measures including screening, due diligence and reporting
- About the types of, and penalties for sanctions violations
Course Outline
This online Sanctions and OFAC Compliance course is made up of the following sections:
- Sanctions and the Office of Foreign Assets Control (OFAC)
- Developing an Effective Sanctions Compliance Program (SCP)
- Practical Compliance Measures
- Enforcement and Penalties
- Case Studies and Enforcement Trends
Course Audience
This Sanctions and OFAC Compliance online training course was designed for all employees of organizations that do business outside the U.S. – exporters, importers, NGOs, financial institutions, etc.
If you have any concerns as to whether this course is appropriate for you or your industry, please browse our full selection of online courses.
