NAIS Legal Webinar Series: Managing OFAC Sanctions Risk in Independent Schools

Recent enforcement activity by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has underscored how U.S. sanctions laws can apply to independent schools, sometimes in unexpected ways. Tuition payments, donations, vendors, and international relationships can all present potential sanctions risk.

This webinar will provide an overview of OFAC sanctions and explain how these regulations apply to independent schools, including common risk areas such as international enrollment, third‑party payments, and cross‑border transactions. Grace Lee and Neha Dhindsa, partners at Venable, will also discuss practical, risk-based steps schools may wish to consider to better understand and manage potential compliance exposure.

Presenters: 

• Grace Lee and Neha Dhindsa, partners at Venable LLP