CSS CSS Sanctions Program Types & Target Identification

Question 1

Which type of sanctions program targets an entire country or geographic region rather than specific individuals or entities?

Accepted Answer

Comprehensive sanctions

Answer

Comprehensive sanctions impose broad restrictions on all dealings with a specific country or territory, such as the historic Cuba and Iran embargoes.

Question 2

OFAC's Specially Designated Nationals (SDN) List primarily targets which category of persons?

Accepted Answer

Individuals and entities whose assets are blocked under U.S. sanctions programs

Answer

The SDN List includes individuals, entities, and vessels whose assets are blocked and with whom U.S. persons are generally prohibited from dealing.

Question 3

What is the key distinction between primary and secondary sanctions?

Accepted Answer

Primary sanctions apply to U.S. persons; secondary sanctions can penalize non-U.S. persons for dealings with sanctioned parties

Answer

Primary sanctions prohibit U.S. persons from transacting with sanctioned parties, while secondary sanctions create risk for non-U.S. persons who conduct certain business with sanctioned targets.

Question 4

Sectoral sanctions under OFAC's Sectoral Sanctions Identifications (SSI) List differ from SDN designations because they:

Accepted Answer

Impose targeted restrictions on specific sectors rather than blocking all transactions

Answer

SSI sectoral sanctions restrict specific types of transactions (e.g., new debt or equity) in targeted sectors like Russian finance and energy, without fully blocking the listed entity.

Question 5

A vessel placed on OFAC's SDN List is typically identified by which unique identifier?

Accepted Answer

IMO number

Answer

Ships designated on the SDN List are identified by their International Maritime Organization (IMO) number, which is a permanent vessel identifier.

(CSS) Certified Sanctions Specialist Practice Test

(CSS) Certified Sanctions Specialist Practice Test

CSS CSS Sanctions Program Types & Target Identification