OFAC Compliance Essentials

Description

This course will provide an overview of the Office of Foreign Assets Control (OFAC) and its role in enforcing economic sanctions and trade restrictions. The course will cover the legal authority and jurisdiction of OFAC and the types of sanctions programs administered by OFAC. The course will also discuss compliance with OFAC regulations, including the responsibilities of businesses and individuals and the consequences of non-compliance.

Total Hours: 4.5

• OnDemand Video: 4
• Sefl Study Hours: 0.5
• Live Workshop Hours: 0
• Optional:
  • Live Student Orientation
  • Live Instructor-Led AMA (Ask-Me-Anything)

Learning Outcomes:

• Understand the role and legal authority of the Office of Foreign Assets Control (OFAC)
• Become familiar with the types of sanctions programs administered by OFAC
• Learn about compliance with OFAC regulations, including the responsibilities of businesses and individuals
• Understand the consequences of non-compliance with OFAC regulations
• Learn best practices for complying with OFAC regulations in international business transactions.

Graduates Earn:

• NFT Certificate of Course Completion 
• Prepare to take the Web3 Certification Board (W3CB) Exam
  • This course covers:
    • 5% of the Blockchain Enterprise Professional III Certification Badge
    • 5% of the Blockchain Legal Professional II Certification Badge