Description
* Please note that the recording links will be delivered to you via a downloadable PDF in your confirmation e-mail. The materials that corresponds with the recording will be automatically delivered upon purchasing via email from the website.
Sanctions compliance has grown to be so much more than checking a list. Compliance teams can watch the news and wonder how current events may (or may not) impact their day to day.
To mitigate the difficulty of sanctions compliance, it is critical to maintain an effective OFAC System, but OFAC System Management is a broad, complex topic.
In this session, we’ll take a tactical dive into the following topics:
- Overview of current events and how they impact sanctions compliance for financial institutions
- Review relevant enforcement actions from 2023 and discuss identified pitfalls
- Best practices for tuning and managing your systems to support compliance efforts and operational effectiveness
You’ll come away understanding how to maintain an effective system of controls, ensuring a strong line of defense and compliance with OFAC requirements.
Who:
The program is designed for compliance officers, BSA/AML officers, Chief Risk Officers, and auditors.
