corporate governance

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