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Course Details

Course Information
  • smart_display Format

    Live Online with Live Q&A

  • signal_cellular_alt Difficulty Level

    Intermediate

  • work Practice Area

    International

Date & Time
  • event Date

    Wednesday, August 13, 2025

  • schedule Time

    1:00 p.m. ET./10:00 a.m. PT

  • timer Program Length

    90 minutes

Credit Information

  • This 90-minute webinar is eligible in most states for 1.5 CLE credits.

Early Bird Pricing!
MSRP
$297.00
$247.00
Save $50.00

Discount expires 7/9/25

This course is $0 with these passes:

CLE
ALL

This CLE course will guide counsel on Office of Foreign Assets Control (OFAC) compliance. The panel will discuss the OFAC framework and OFAC's enforcement priorities. The panel will also discuss screening, monitoring, and receiving payments, as well as offer best practices for ensuring effective sanctions compliance.

Faculty

Peter E. Jeydel
Partner, Sanctions & Trade Controls Group Leader
Troutman Pepper Locke LLP

Mr. Jeydel helps clients navigate today’s increasingly complex regulatory and enforcement environment at the intersection of national security, international trade, finance, and technology. He has deep experience in export controls, economic sanctions, and related areas. Mr. Jeydel’s practice includes regulatory counseling, compliance program development and enhancement, assistance with M&A and other complex transactions, responding to government inquiries, conducting internal investigations, advising on voluntary self-disclosures, and providing robust representation in civil and criminal enforcement actions. For example, he assists with obtaining authorizations for otherwise restricted trade and investment transactions, foreign national employees with access to export-controlled technology, and other common requirements. He advises on risk assessments, know-your-customer (KYC) and due diligence best practices, contractual safeguards, jurisdiction and classification determinations for potentially export-controlled products and technologies, and many other practical compliance steps. For non-U.S. companies, Mr. Jeydel offers clear insights on the extraterritorial reach of these U.S. laws, and how they can be enforced abroad. He also assists clients seeking removal from (or concerned about possible designation on) a variety of U.S. government sanctions lists, including the Specially Designated Nationals (SDN) list, the Entity List, and others.

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Description

U.S. sanctions restrictions are rapidly evolving, especially in light of ongoing seismic geopolitical events and the new administration's trade initiatives. Companies are facing a complex enforcement landscape that must account for global supply chains and cross-border payment flows. Consequently, it is critical to stay current on developments related to U.S. sanctions.

Sanctions compliance programs should follow the OFAC compliance framework and include the following crucial components: management commitment and support; risk assessment; internal controls; testing and auditing; and training. Companies should use the framework to evaluate their compliance programs to determine if they meet OFAC's priorities and include the essential components.

As sanctions evolve, companies and counsel must respond immediately and adjust compliance programs to ensure sanctions requirements are met. U.S. entities must assess screening and monitoring to ensure compliance and mitigate enforcement risk.

Listen as our authoritative panel guides counsel on OFAC compliance. The panel will discuss the OFAC framework and OFAC sanctions compliance priorities. The panel will also discuss the lessons from enforcement actions and provide best practices for ensuring an effective sanctions compliance program.

Outline

I.  U.S. sanctions

II.  OFAC framework

III. Screening processes

IV. Receiving payments

V.  Blocking accounts

VI. Export and re-export requirements

VII. Steps to take if violations are suspected or discovered

Benefits

The panel will review these and other key issues:

  • How has the OFAC framework impacted the compliance landscape?
  • What constitutes prohibited "facilitation" of a sanctions transaction?
  • What steps should companies take to ensure sanctions compliance? What are the steps to minimize potential exposure if violations occur?