Skill

legalcode-us-ofac-sanctions-screening

Conducts comprehensive US OFAC (Office of Foreign Assets Control) sanctions screening and compliance program analysis. Use when screening counterparties, customers, vendors, investors, or transactions against the SDN list, sectoral sanctions (SSI/CAPTA/NS-MBS), and country/territory programs. Applies the 50 Percent Rule across corporate ownership chains, assesses secondary sanctions exposure, evaluates correspondent and payable-through account risks, analyzes general and specific license availability, supports voluntary self-disclosure drafting, and designs or audits OFAC compliance programs against OFAC's 2019 Framework for Compliance Commitments. Triggers on OFAC screening, SDN check, sanctions due diligence, OFAC compliance program review, sanctions risk assessment, blocked person analysis, sectoral sanctions, secondary sanctions risk, 50 percent rule analysis, OFAC license application, voluntary self-disclosure, IEEPA sanctions, TWEA Cuba sanctions, Russia CAATSA, Iran sanctions, North Korea sanctions.