OFAC Overview and Sanctions

On Demand Course

Instructor: Justin Muscolino

Duration: 1 HR

What You'll Learn

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

About the Author:

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.

On-Demand Course