OFAC Basics: Sanctions List Search

This video introduces viewers to different types of OFAC sanctions lists and provides a brief tutorial on how to use OFAC’s Sanction List Search tool to assess potential matches to sanctioned persons. The information in this video is for training purposes only. It does not have the force of law, and does not supplement or modify the statutes, regulations, executive orders, or other authorities that govern sanctions administered by OFAC. The information in this video is subject to change and is only current as of January 19, 2024. For more information about OFAC and OFAC sanctions, please visit ofac.treasury.gov.
00:00 - Introduction
00:20 - What are OFAC sanctions lists and what happens when someone is added to one of OFAC’s sanctions lists?
01:45 - What are OFAC’s compliance requirements?
02:50 - OFAC’s Sanctions List Search Tool
03:15 - How to access OFAC’s Sanctions List Search Tool
03:31 - Understanding search fields in OFAC’s Sanctions List Search Tool
05:33 - Demonstration on how to use OFAC’s Sanctions List Search Tool
07:39 - Finding OFAC’s sanctions programs webpage
08:13 - Comparing potential matches and requesting additional information
09:11 - When to contact OFAC’s Compliance Hotline
09:40 - What should you do if you believe you’ve identified a true match?