Foodman CPAs and Advisors has developed a comprehensive OFAC training course for helping you with meeting your OFAC compliance obligations. Available via WebEx or in person, this 2-hour course covers the following key areas:
- History and background of OFAC
- General requirements
- Who must comply
- OFAC Licenses
- The “SDN” List
- Other OFAC and sanctions lists
- OFAC Penalties
- Active Sanctions Programs
- Cuba
- Venezuela
- Nicaragua
- Russia / Ukraine
- Magnitsky Act
- The OFAC “Compliance Framework”
- Root causes of violations