Upcoming Webinars
EU and U.K. Sanctions Update: The Potential Effects of Brexit on U.K. Sanctions Law and How Compliance Officers Can Prepare For the Switch
Date: Thursday, Sept 13, 2018 Time: 10:00 AM - 11:15 AM NYC, 03:00 PM - 04:15 Amsterdam The U.K. currently derives its sanctions from European law to implement sanctions, regardless of whether they originated at the U.N., E.U., or OSCE. Since June 2016's 'Brexit' decision, when the U.K. voted to leave the E.U., it has been unclear how the U.K. will implement sanctions policy after the divorce. The new Sanctions and Anti-Money Laundering Bill, which is set to be passed by Parliament in 2018, will provide the U.K. powers to impose, update, and lift sanctions and AML regimes after the ...
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Preparing for a Regulatory Examination of Your Financial Institution’s OFAC Program
Date: Thursday, July 12, 2018 Time: 12:00 PM - 01:15 PM EST, 05:00 PM - 06:00 PM London, 06:00 PM - 07:00 PM Amsterdam This webinar will address the steps an institution can take in advance in order to prepare for a bank examination of your OFAC program. Our speaker will discuss and provide guidelines for positively and accurately representing OFAC programs to regulators in order to ensure your business achieves the best outcome. In this SanctionsAlert.com Webinar, we will cover: what happens when the bank examiner arrives, how the examiner prepares him/herself for the examination, how to handle questions from the ...
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FREE! Hot Trends in Cutting-Edge Sanctions Technology
Date: Tuesday, June 12, 2018 Time: 12:00 PM - 01:15 PM EST (New York), 5:00 PM – 6:15 PM GMT (London), 6:00 PM – 7:15 PM CET (Amsterdam) As has always been the aim of SanctionsAlert.com, we wish to not only provide the best training and development for sanctions professionals, but to arm sanction professionals with the know-how needed to carry out their daily duties with the upmost efficiency and effectiveness. To that end, SanctionsAlert.com has created the Sanctions Technology Taskforce (STTF). In addition to providing various useful resources to the compliance community, STTF members are tasked with conducting regular Technology ...
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OFAC Enforcement Actions: Trends and Analysis
Date: Thursday, June 21, 2018 Time: 12:00 PM - 01:15 PM EST (New York), 5:00 PM – 6:15 PM GMT (London), 6:00 PM – 7:15 PM CET (Amsterdam) In its role as the U.S. sanctions enforcer, the Treasury’s Office of Foreign Assets Control (OFAC) has recently doled out a number of hefty fines for sanctions violations. In 2017 alone, OFAC imposed a fine of $2 million against ExxonMobil for violating Ukraine-Related Sanctions, as well as a $12 million fine against CSE Global Limited and CSE TransTel Pte Ltd, and a whopping $1.2 billion against ZTE Corporation for violation of the ...
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Beyond List Matching: Compliance with Sectoral Sanctions
Date: Thursday, August 30, 2018 Time: 12:00 PM - 01:15 PM EST, 05:00 PM – 06:15 PM London 06:00 PM – 07:15 PM Amsterdam In recent times, non-list based sanctions have taken center stage in the compliance world. Since July 2014, the U.S. government has begun to utilize an entirely new breed of sanctions regime known as "sectoral sanctions”. These non-list based sanctions, such as those broadly imposed on Venezuelan ‘new debt’ or Russian trade, aim to limit certain sectors of a country’s economy from gaining access to U.S. capital markets. The U.S. Treasury has also created a Sectoral Sanctions Identifications ...
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