Complimentary for Members

April 30, 2025

Live Webcast

NYSED 1

OFAC Review Tech Session Webinar

This session will touch on the basic OFAC framework for sanctions.

April 30, 2025
Live Webcast
NYSED 1
  • View Bio

    Instructor

    Edward
    Silva

    View Bio

    Edward Silva

    Bio
    Record created by Online Generic Account.
  • Types of economic and trade sanctions administered by the Office of Foreign Assets Control (OFAC) and their implications for financial and professional services.
  • Core components of an effective OFAC compliance program, including risk assessment, screening, and internal controls.
  • Best practices for maintaining a robust sanctions compliance framework that ensures adherence to regulatory requirements and minimizes organizational risk.

Learning Objectives

  • Upon completion of this course, you'll be able to:
  • Identify the various types of economic and trade sanctions administered by the Office of Foreign Assets Control (OFAC) and their implications for financial and professional services.
  • Examine the core components of an effective OFAC compliance program, including risk assessment, screening, and internal controls.
  • Evaluate best practices for maintaining a robust sanctions compliance framework that ensures adherence to regulatory requirements and minimizes organizational risk.

Major Topics

  • Types of economic and trade sanctions administered by the Office of Foreign Assets Control (OFAC) and their implications for financial and professional services.
  • Core components of an effective OFAC compliance program, including risk assessment, screening, and internal controls.
  • Best practices for maintaining a robust sanctions compliance framework that ensures adherence to regulatory requirements and minimizes organizational risk.

CPE Credits Available

NYSED 1
1
Specialized Knowledge / Industries (NYSED) - NYSED

Things to Know About This Course

Course Level

  • Basic

Professional Area of Focus

  • Specialized Knowledge / Industries (NYSED)

Prerequisites

None

Advanced Preparation

None

Intended Audience

Compliance professionals, anyone looking to learn or have a refresher on the OFAC sanctions regime

Provider

Foundation for Accounting Education

This event has ended.