OFAC Sanctions Essentials | Certificate Course - Association of Certified Sanctions Specialists



Entry Level and Intermediate

Core Lessons for US Sanctions

Avoid costly penalties by learning vital principles, including the troublesome 50 percent rule. Anyone trading globally and with US companies will benefit from OFAC Essentials. The course comprises 7 training hours across 4 weeks online. Each lesson provides you with vital preparation for US sanctions.

Extensive Course Content for Full OFAC Compliance –
Proper Sanctions Training Structured for Easy Learning

7 CSS CE Credits

Valid for CSS Accreditation

Digital Certificate

You’ll start with the basics

Your education begins with learning the basics of US sanctions and progressing to reading assignments in preparation for one of two 90-minute online, interactive classrooms.

You’ll get a thorough grounding

The first gives you a thorough grounding in the structure of sanctions from political enactment to administration, with emphasis on OFAC’s role. The second shows you how to manage risk and enforcement, guiding you on the creation of your own sanctions compliance program. This includes screening for due diligence and applying for an OFAC license.

You’ll develop your understanding

We’ll discuss OFAC enforcement guidelines and explain what to do when you discover a failure to comply. You will experience Q&A sessions, student polls, and practice questions prepared so that you understand all aspects of OFAC compliance before your one-hour exam of multiple-choice questions

Only part of what you will know
by the end of the course…

  • What, exactly, are Office of Foreign Assets Control (OFAC) sanctions and their objectives?
  • Different types of OFAC sanctions regimes.
  • Who must comply?
  • “OFAC online” – Where to find what you need to know on the OFAC website.
  • IEEPA, TWEA – what are they? Why are they important?
  • Short exercise/case study/practice questions.
  • Categories: vs limited, country regimes, list-based regimes, sectoral, extraterritorial, and other categories of regimes. Examples.
  • High-level principles and core concepts or core prohibitions under main OFAC-administered sanctions regimes.
  • Important concepts or terms used throughout OFAC-administered sanctions programs (e.g., facilitation).

How is it structured?

part 1

Self-Paced E-Learning Course (30 minutes)

part 2

Reading Assignment (60 minutes)

part 3

Virtual Classroom lead by a live instructor: Legal Authorities and How OFAC Works (90 minutes)

Part 4

Reading Assignment (30 minutes)

Part 5

Virtual Classroom led by a live instructor: OFAC Risk Management and Enforcement (90 minutes)

Part 6

Reading Assignment/Case Study (30 minutes)

Part 7

Final assessment (60 minutes)

ACSS Virtual Learning

E-learning Course

Who Should Take the OFAC Essentials Course Certificate?

ANYONE requiring knowledge of the prime elements of US sanctions rules and regulations needs to look no further than OFAC Essentials. This course has been constructed to keep businesses and those acting for them compliant while focusing precisely on the information needed.

Our students come from diverse backgrounds, ranging from accountants and lawyers to compliance officers and businessmen seeking help with OFAC compliance. Your background is not as important as the need to learn the essential information to keep on the right side of compliance. We’re here to help you.

Most Practical, Recognized OFAC Sanctions Course at the Best Price

Upcoming Course Schedule

2024 Fall Session

  • 1st Virtual Classroom :Oct. 9, 2024 – 10:00 – 11:30 (NYC)

  • 2nd Virtual Classroom : Oct. 16, 2024 – 10:00 – 11:30 (NYC)

ACSS Members
All Access





If you have multiple team members who can benefit from this program or wish to talk about enterprise packages, please contact us for pricing and more information: support@sanctionsassociation.org

Instruction from TOP Practitioners

Acss faculty
Course Instructor

Brandon Barela

Brandon is a Senior Manager in KPMG’s Trade & Customs practice with over nine years of experience assisting multinational companies in assessing and monitoring trade compliance matters and specializes in U.S. export controls as a member of the KPMG Export Controls and Sanctions team. Prior to KPMG, Brandon attended Boston University School of Law focusing on corporate transactional practices. Brandon assists a wide variety of clients on import and export matters and has extensive experience in assisting in the development of global trade management programs, monitoring import/export compliance, and conducting domestic and global compliance reviews and trainings. As a senior member of the Export Controls and Sanctions team, Brandon has provided consulting services and audit support to a variety of multinational corporations in the aerospace and defense, pharmaceutical, petrochemical, industrial manufacturing, and technology industries.
Acss Faculty
Course Instructor

Scott Nance

Scott Nance from Langley Compliance Consulting. Based in DC. He is an attorney specializing in economic sanctions and anti-money laundering. He helps companies comply with economic sanctions, answering their questions about what they can and should do. Uniquely, he has worked inside several large European banks and was the Global Head of Sanctions Compliance for ING in Amsterdam; he has also done extensive work in the fields of international trade and economic policy and have had the opportunity to advise a number of governments in Africa and Asia on trade policy. He teaches International Trade Law and Investment at William & Mary Law School and has lectured on economic development and international trade at the University of Virginia.
leading experts
Course Instructor

Daniel Tannebaum

Daniel is a Partner and member of the Americas Risk and Public Policy Practice at Oliver Wyman. He leads the Anti-Financial Crime Practice for the Americas and serves as the firm’s Global Head of Sanctions.

Dan provides AML and Sanctions regulatory crisis management support. He also provides strategic AML and Sanctions Compliance Program support to a variety of clients. Prior to joining Oliver Wyman, he was a Partner at a global consulting firm where he supported the Global AML and Sanctions Remediation for several G-SIFIs under investigation or subject to enforcement actions.

Previously Dan served as the Head of Compliance for the Americas and Global Sanctions Champion at Travelex. Before joining Travelex, Dan was the OFAC Compliance Coordinator for the Federal Reserve Bank of New York, where he advised on OFAC issues.

Dan began his career in Compliance when he served as a Compliance Officer with OFAC.