On Demand Course

OFAC Overview and Sanctions

Whether you're new to sanctions compliance or seeking a refresher, this session will equip you with the tools to better understand, identify, and manage sanctions risks.

Learning Objectives

After attending this presentation, participants will be able to:

  • Describe OFAC’s role and why sanctions are used as a national security and foreign policy tool
  • Review how different types of sanctions are structured and applied across industries
  • Explain your organization’s legal and compliance obligations in the context of U.S. sanctions
  • Identify practical steps to improve your sanctions screening and risk management programs
Justin Muscolino 1 HR
Included with Team Membership

About This Course

This session provides a foundational understanding of U.S. economic sanctions administered by the Office of Foreign Assets Control (OFAC). Participants will learn about the purpose and legal basis of sanctions, how they are implemented, and why they are a critical part of national security and foreign policy. The training will explore the types of sanctions (such as comprehensive, targeted, and sectoral), who must comply, and the key challenges companies face when navigating OFAC regulations. Real-world examples will highlight common pitfalls, red flags, and best practices to help attendees strengthen their internal controls and avoid costly violations.

Topics covered in this session

  • Introduction to OFAC and U.S. Sanctions Framework
  • The Purpose of Sanctions: National Security and Foreign Policy Goals
  • How Sanctions Are Created and Enforced
  • Types of Sanctions and Key Lists (e.g., SDN List)
  • Compliance Expectations and Screening Requirements
  • Recent Enforcement Trends and Real-World Case Examples

 

*This program does NOT qualify, nor meet the National Standard for NASBA accreditation 

Your Instructor

Justin Muscolino
Justin Muscolino

Justin is an expert in Compliance Training providing years of successful implementation of educational solutions for regulatory compliance initiatives designed to decrease risk and provide a robust compliance culture to an organization. He also effectively facilitates training from the board level to the rest of the organization and creates awareness using creative methods to capture audience’s attention and enhance their retention of knowledge.
- Simultaneously operated compliance training company, Tweezzle, and consulting assignments while ensuring satisfied clients and increased revenue.
- Deliver continued guidance, assistance, coordination, and follow-up on complex problems to ensure prompt and timely resolution.
- Specializes in content creation and facilitation for various regulatory bodies and governmental agencies: CFPB, FDIC, FINRA, FinCen, Nacha, NCUA, NFA, OCC & SEC.
- Regulatory topics such as AML/BSA/OFAC, cryptocurrencies, deposits, examinations, lending, privacy.

Training your team?

This course is covered under team memberships.

See Team Memberships
Buying for yourself?
$ 99
Included with Team Membership
Training your team?

This course is covered under team memberships.

See Team Memberships
$ 99
per attendee