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  • videocam On-Demand
  • signal_cellular_alt Intermediate
  • card_travel International
  • schedule 90 minutes

OFAC Compliance: Meeting Evolving U.S. Sanctions Requirements, Minimizing Risk of Sanctions

$297.00

This course is $0 with these passes:

CLE
ALL
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About the Course

Introduction

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 and other fundamentals, as well as offer best practices for ensuring effective sanctions compliance.

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.

Presented By

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

Mr. Jeydel focuses his practice on US export controls and economic sanctions, including counseling, compliance, transactional advice, licensing and opinions, jurisdiction and classification assessments, disclosures, and enforcement actions. In addition, he assists clients in anti-corruption matters, including under the Foreign Corrupt Practices Act (FCPA), and has experience handling reviews and investigations by the Committee on Foreign Investment in the United States (CFIUS). Prior to joining the firm, he worked on Central Asia policy in the Office of the Secretary of Defense (OSD). At OSD, he focused on the war in Afghanistan, working with governments and private sector entities in the surrounding region, from the Persian Gulf to the Caucasus, to Russia and China, and in particular the former Soviet states of Central Asia and Pakistan.  

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Will Schisa
Counsel
Davis Polk & Wardwell LLP
Credit Information

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


  • Live Online


    On Demand

Date + Time

  • event

    Wednesday, August 13, 2025

  • schedule

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

I.  U.S. sanctions

II.  OFAC framework

III. Screening

IV. Steps to take if violations are suspected or discovered

V. New developments under the Trump administration

The panel will review these and other key issues:

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