Flexible Training Ticks All the Boxes
Fulfill OFAC Demands At Your
CERTIFICATE COURSE SELF PACED
Beginner and Intermediate Level
“I liked the course. It’s a mixed format or videos and reading. The quality of content is excellent and very relevant”
Compliance Officer, MYTILINEOS S.A.
Help Keep Your Company on the Right Side of the Law –
Learn vital OFAC fundamentals at a great price
3 CSS CE Credits
Valid for CSS Accreditation
You’ll start with the fundamentals
The course begins with a 30-minute introduction on the fundamentals of the Office of Foreign Assets Control (OFAC). How are its sanctions applied? What are the risks of violating them? How do you locate the information you need on OFAC’s website?
You’ll probe deeper into OFAC
You will then probe deeper into the workings of OFAC, starting with its key legal authorities and moving on to discuss the common types of OFAC sanctions and prohibitions. You will look at the steps taken in the execution of sanctions and enforcement.
You’ll learn how to manage risk
In your final module of instruction, you will learn the five essential elements of a successful OFAC sanctions compliance program and understand the importance of an OFAC risk assessment and the main factors. You will be taught about the 50 percent rule for screening customers, know about OFAC lists, the basics of licenses and how to respond appropriately to an OFAC enforcement. You will be given a 30-minute, online multiple-choice exam at the end of the module.
Only part of what you will know
by the end of the course…
- What sanctions are and how they affect business.
- The core concepts OFAC uses in its sanctions regimes.
- The global effect of OFAC and why it has so much power.
- How to locate information on the OFAC website.
- Customer due diligence.
- The categories of OFAC sanctions regimes.
- How OFAC enforces sanctions.
- An understanding of who does what in OFAC’s organizational structure.
- The five essential elements of an OFAC sanctions compliance program.
- OFAC reporting requirements.
- The importance of an OFAC risk enforcement.
- An understanding of the 50 percent rule.
- Knowledge of the OFAC lists.
- When to apply for a specific license.
How it is structured?
Self-Paced e-Learning OFAC Foundations (30 minutes)
Self-Paced e-Learning Sanctions and How OFAC Works (60 minutes)
Self-Paced e-Learning OFAC Risk Management and Enforcement (60 minutes)
Online Quiz (30 minutes)
ACSS Virtual Learning
LAPTOP, TABLET OR SMARTPHONE
Who Takes Essentials Self-Paced?
ANYONE who needs to know the essentials of US sanctions is a prime candidate. If your work consumes most of your time, OFAC Essentials Self-Paced is the perfect choice to learn at a time that suits you.
Most courses are structured to a set timetable, making it difficult if not impossible for you to take if you are busy. What distinguishes OFAC Essentials Self-Paced is its structure is devised for online learning at times that you control.
ACSS students come from diverse backgrounds and have benefited from our courses. Like you, they need to keep themselves and their company on the right side of compliance law. Self-Paced does that, providing you with flexibility around the clock.
Whatever your background, it is not as important as your need to learn. We’re here to help you.