OFAC EssentialsOnline Certificate Course
Module 1 – Introduction to OFAC
It is an introduction to OFAC Essentials and Background
Module 2 – How OFAC Works
- A Walking Tour Through main OFAC legal authorities
- Categories, Principles and Core ConceptsUsed Throughout Sanctions Regimes Administered by OFAC
- Overview of OFAC Organizational structure – who does what?
Module 3 – Risk Management and Enforcement
- Recognizing OFAC Sanctions Risks: Sound OFAC Risk Assessment
- OFAC Compliance Program – Control Basics
- Customer Due Diligence and Screening
- OFAC Reporting Requirements
- OFAC Enforcement
Module 4 – Quiz (not included)
Online Quiz: This is a multiple question quiz in multiple choice format.
Passing Grade: 80%