{"product_id":"ofac-what-every-frontline-banker-needs-to-know","title":"OFAC: What Every Frontline Banker Needs to Know","description":"\u003cp\u003e\u003cspan style=\"text-decoration: underline;\"\u003e\u003cstrong\u003eCourse Overview:\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003eOFAC compliance doesn’t usually announce itself with an alarm—it shows up as a routine wire transfer, a new account application, or a business loan that looks completely clean on the surface. \u003cspan\u003eThis course\u003c\/span\u003e gives frontline banking staff a practical, scenario-based foundation for recognizing OFAC risk, understanding what the SDN list actually covers, and knowing exactly what to do the moment a potential match comes back.\u003c\/p\u003e\n\u003cp class=\"MsoNormal\"\u003eThrough a realistic branch scenario and interactive exercises, this course walks you through who OFAC applies to, how the SDN list and the 50 Percent Rule work, the difference between blocking and rejecting a transaction, and the reporting, recordkeeping, and penalty requirements tied to every OFAC decision you make.\u003c\/p\u003e\n\u003cp class=\"MsoNormal\"\u003e\u003cspan style=\"text-decoration: underline;\"\u003e\u003cb\u003eLearning Objectives:\u003c\/b\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli class=\"MsoListParagraph\"\u003eExplain what OFAC is and identify who must comply\u003c\/li\u003e\n\u003cli class=\"MsoListParagraph\"\u003eDescribe the SDN list and how it is used in transaction screening\u003c\/li\u003e\n\u003cli class=\"MsoListParagraph\"\u003eApply the 50 Percent Rule to account opening and transaction decisions\u003c\/li\u003e\n\u003cli class=\"MsoListParagraph\"\u003eDistinguish between blocking and rejecting a transaction\u003c\/li\u003e\n\u003cli class=\"MsoListParagraph\"\u003eIdentify the correct steps to take when a potential OFAC match is flagged\u003c\/li\u003e\n\u003cli class=\"MsoListParagraph\"\u003eRecognize emerging areas of OFAC risk, including cryptocurrency and digital assets\u003c\/li\u003e\n\u003cli class=\"MsoListParagraph\"\u003eState the reporting, recordkeeping, and penalty requirements for OFAC violations\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp class=\"MsoNormal\"\u003e\u003cb\u003e\u003cspan style=\"text-decoration: underline;\"\u003eAudience\u003c\/span\u003e: \u003c\/b\u003e\u003cspan\u003eF\u003c\/span\u003erontline staff\u003c\/p\u003e\n\u003cp class=\"MsoNormal\"\u003eThis course takes approximately 20 minutes to complete.\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e*\u003cspan lang=\"EN-US\" class=\"TextRun SCXW30694012 BCX0\"\u003e\u003cspan class=\"NormalTextRun SCXW30694012 BCX0\"\u003eThis\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"NormalTextRun SCXW30694012 BCX0\"\u003ecourse\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"NormalTextRun SCXW30694012 BCX0\"\u003edoes NOT qualify, nor meet the National Standard for NASBA accreditatio\u003c\/span\u003e\u003cspan class=\"NormalTextRun SCXW30694012 BCX0\"\u003en.\u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"EOP Selected SCXW30694012 BCX0\"\u003e \u003c\/span\u003e\u003c\/p\u003e","brand":"BankersHub","offers":[{"title":"Default Title","offer_id":47317652832431,"sku":"ODC0810261","price":89.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0646\/2894\/9167\/files\/OFACLMSIcon.png?v=1786034083","url":"https:\/\/www.bankershub.com\/products\/ofac-what-every-frontline-banker-needs-to-know","provider":"BankersHub","version":"1.0","type":"link"}