FREE! Balancing Natural & Artificial Intelligences for Enhanced Sanctions Compliance Programs

Upcoming Webinar

FREE! Balancing Natural & Artificial Intelligences for Enhanced Sanctions Compliance Programs

Date: Tuesday, May 28, 2019

Time: 10:00 AM – 11:15 AM New York | 03:00 PM – 04:15 PM London
04:00 PM – 05:15 PM Amsterdam

Subsets of AI, such as machine learning and deep learning, have been proven in assisting compliance officers with handling large amount of data; automatizing decision patterns; and giving humans more time to focus and prioritize the riskiest alerts. Although it brings some relief through the automation of heavy manual processes, AI should be used only to a certain extent and then combined with natural intelligence.

This webinar will focus on the need to use hybrid intelligence in sanctions compliance programs to optimize your screening processes and ensure efficiency, effectiveness and explainability.

 Join the ACSS and Accuity to learn more about:

  • The need for both types of intelligences;
  • The limits of each; and
  • Striking a balance between the two assets

Sign up today!

Great knowledge, great instructors, great value

Tell your friends, clients, customers and colleagues to sign up.

Certificate of Attendance

If you participate in the live webinar, you will receive a Certificate of Attendance, which you can use to show you meet your government-required training duties.

Vincent Gaudel
Compliance Expert
Accuity

Vincent works as a compliance expert for Accuity / Fircosoft in Paris, France. His role includes the monitoring of regulations and emerging threats in the area of financial sanctions. He provides expert insights and contributes to the design of the best tools and datasets, helping Fircosoft’s clients to manage sanctions compliance.

Vincent has more than 7 years’ experience in compliance functions in banking, financial markets, payments & electronic money, and holds Master’s Degrees in international business (Bordeaux, France) and political science (Linköping, Sweden)

Joseph Bognanno
VP of Strategy and Alliances
Accuity

As VP of Strategy and Alliances for Accuity, Joseph has global responsibility for creating, evaluating, and managing strategic relationships with potential partners, joint ventures, acquisition candidates, regulators, and supporting Accuity’s commercial efforts through thought leadership and advocacy.
Joseph joined Accuity following the acquisition of Safe Banking Systems where he was Chief Innovation Officer. Prior to SBS, he served as SVP, Head of Global Risk Analytics at HSBC and was responsible for all transaction monitoring and name screening analytics. Joseph brings a broad perspective to his Accuity role, having worked as practitioner, solutions vendor and regulator.

Duration:

75 minutes

Moderator:

Anna Sayre, Legal Content Writer, SanctionsAlert.com

FREE! OFAC’s 50 Percent Rule: Uncovering the Complexities of Compliance

Upcoming Webinar

FREE! OFAC’s 50 Percent Rule: Uncovering the Complexities of Compliance

Date: Tuesday, June 04, 2019

Time: 12:00 PM – 01:15 PM EST | 05:00 PM – 06:15 PM London
06:00 PM – 07:15 PM Amsterdam

At face value, OFAC’s 50 Percent Rule appears straightforward, but looks can be deceiving. Complying with this complex rule can prove to be quite complicated, in large part because OFAC does not publish a list of majority SDN-owned entities; that legwork is left to compliance teams to determine. Is your institution’s watchlist screening program equipped to stand up to costly fines and the associated risk that comes along with this rule?

Join CSI and ACSS for a discussion on the challenges of screening lists for this rule and the complexities of the associated content that comes along with it. We will discuss an approach for gaining a better grasp on your customers’ identities that will result in a stronger compliance program.

Key Learning Points:

  • Identifying the specifics on both OFAC’s and the EU’s 50% rule(s) and the challenges that come along with them
  • Reviewing recent updates to sanctions programs that have heightened the focus on these rules, and real-life examples of fines/actions that have resulted
  • Deploying practical steps for evaluating programs/policies/procedures to ensure you know your customers and who you are doing business with to optimize compliance efforts

Sign up today!

Great knowledge, great instructors, great value

Tell your friends, clients, customers and colleagues to sign up.

Certificate of Attendance

If you participate in the live webinar, you will receive a Certificate of Attendance, which you can use to show you meet your government-required training duties.

Amber Goodrich, CAMS, CRCM
Compliance Strategist
CSI Regulatory Compliance Division

Ms. Goodrich has been in the financial services industry for more than 15 years and brings a wealth of knowledge in operations, compliance and enterprise risk management. She has functioned in a variety of roles within both large and small institutions, specializing in compliance and anti-money laundering. In her tenure at CSI, Ms. Goodrich has served as an instrumental subject matter expert for a wide variety of compliance issues. Most recently operating on CSI’s Product Management Team, she assists in the development and maintenance of CSI’s WatchDOG®Elite software solutions, including Watch List Screening, Vendor Management and SmartRisk IQ Enterprise Risk Management.

Ms. Goodrich is a Certified Anti-Money Laundering Specialist (CAMS) and a Certified Regulatory Compliance Manager (CRCM), and she speaks regularly on compliance hot topics.

Duration:

75 minutes

Moderator:

Anna Sayre, Legal Content Writer, SanctionsAlert.com

ofac 2019 01 rm3

OFAC Essentials Certificate Course

January 2019

Before You Start

We use Gototraining for the Virtual. Training Part of the Course. It will install software in your computer
We use Litmos as our Learning Management System (LMS). Please test by accessing sample course.
Click on the button on the right to get instructions on how to use the Learning Management System.
Click on the button on the right to download the Participant Guide.

Important Course Dates

Jan. 15, 2019 – Course Landing Page becomes available
Jan. 21, 2019 – eLearning and Course Material become available
By Jan. 29, 2019 – Complete Part 1 and 2
Jan. 30, 2019 – 1st Virtual Classroom (12:00 – 1:30 ET)
Feb. 6, 2019 – 2nd Virtual Classroom (12:00 – 1:30 ET)

Course Structure

Part 1: Self-Paced eLearning Course has been uploaded

Part 2: Required Reading Material has been uploaded

Part 3: Live Virtual Classroom has been uploaded

All course material is loaded onto the Learning Management System. Click on the Enter Course to access the different OFAC Parts.

Creating an OFAC Risk Assessment Any Regulator or Auditor Will Love

Upcoming Webinar

Upcoming Webinar

Creating an OFAC Risk Assessment Any Regulator or Auditor Will Love

Date: Thursday, May 09, 2019

Time: 12:00 PM – 01:15 PM EST | 05:00 PM – 06:15 PM London
06:00 PM – 07:15 PM 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 2018alone, OFAC imposed a fine of $5 million against JP Morgan Chase Bank for violating Iran-related Sanctions, as well as a $7 million fine against carbon fiber manufacturer, Zoltek, and a whopping $53 million against French bank, Société Générale, for violations of the Sudanese Sanctions Regulations.

With the regulator looming, it is important to ensure that your OFAC risk assessment program is completely up-to-date and up-to-scratch.

In this ACSS/SanctionsAlert.com webinar, join our expert speaker as she delves into the essential elements of a healthy OFAC risk assessment program and how your company can be sure to comply with sanctions regulations and avoid a knock from the regulator.

You will learn:

  • Why organization is key to any OFAC risk assessment;
  • Why it is important to consider all departments, customer types, as well as products and services when assessing OFAC risk;
  • Why it is important to document high risk volumes, and to record current OFAC processes especially in those areas where there are no OFAC or weak OFAC processes;
  • The duties, experience and essential competencies of the OFAC Officer;
  • What types of OFAC training is essential to your team – internal vs. external training and additional training for key personnel;
  • How updates to the OFAC lists are conducted, documented, and tested;
  • How is Sensitivity Testing is conducted, by whom, and how frequently; and
  • How Independent Reviews are conducted, and how to document any concerns and perform remediation.

Sign up today! Tell your friends, clients, customers and colleagues about it.

SanctionsAlert webinars conduct audience polls that will give you vital benchmarking data so you can measure your anti-money laundering compliance against others.

Registered attendees will receive a Certificate of Attendance to demonstrate required AML training to auditors, and regulators.

Maleka Ali, CAMS-Audit
President
Arc-Serv, LLC

Maleka Ali, President of Arc-Serv, has 35 years’ experience in financial industry including key positionsin operations, compliance and creation of two denovobanks. Maleka has assisted inmany mergers, acquisitions and system conversions.She’s CAMS certified and part of the inaugural class forthe Advanced CAMS-Audit certification demonstrating advanced skills in auditing. Maleka has assisted over 750 institutions inBSA and OFAC model validations, risk assessment, exam remediation, training and how to effectively utilize automated monitoring.

Duration:

75 minutes

Speaker:

Maleka Ali

Moderator:

Anna Sayre, Legal Content Writer, SanctionsAlert.com

Are you an ACSS or SanctionsAlert Member? This Webinar is included in your membership. Members do NOT need to register for this webinar to attend, but will receive complimentary log in details via email.

EU Sanctions – Quarterly Update

Upcoming Webinar

Upcoming Webinar

EU Sanctions – Quarterly Update

Date: Thursday, April 11, 2019

Time: 10:00 AM – 11:15 AM EST | 03:00 PM – 04:15 PM London
04:00 PM – 05:15 PM Amsterdam

For corporates and financial institutions doing international business, it is vital to be up-to-date with global sanctions regulations. Though a business may be compliant with the high standards set by U.S. sanctions, this does not automatically mean the same business will comply with E.U. sanctions.

Is your sanctions/export controls program prepared for these types of nuances and discrepancies?

As a sanctions/export controls officer, you can no longer rely on a common set of global rules and need to know the details of targeted or custom-made measures in order to avoid hefty penalties.

Sign up today! Tell your friends, clients, customers and colleagues about it.

SanctionsAlert webinars conduct audience polls that will give you vital benchmarking data so you can measure your anti-money laundering compliance against others.

Registered attendees will receive a Certificate of Attendance to demonstrate required AML training to auditors, and regulators.

Thorsten Güldner-Bervoets
Global Head of Financial Sanctions Compliance
Raiffeisen Bank International (RBI)

As Global Head of Financial Sanctions Compliance at RBI Group, Thorsten is mainly responsible for group-wide implementation of financial sanctions with focus on Russian sanctions of the European Union as well as of the United States. In addition, he is Deputy MLRO and covers the prevention measures against Terrorist Financing and the EU-Money Transfer Regulation.

Being Head of the “Raiffeisen Competence Centre Financial Sanctions” he is also the contact person for the whole Raiffeisen Sector supporting its compliance with applicable sanctions. He has more than 10 years of experience with various Compliance topics and is an active trainer and speaker in Austria and abroad.

Martijn Feldbrugge
Director
Business & Sanctions Consulting Network (BSCN) BV

Martijn has worked for/with various Financial Institutions for more than 30 years. With a background in ICT, broad knowledge of the financial industry, strong analytical capabilities and the business administration education, he found and implemented solutions for complex situations. Since 2005, he setup and executed sanctions and export control compliance functions for two major Dutch financial institutions after they were being enforced by US authorities.

In 2011 Martijn founded BSCN, which supports financial and non-financial institutions and companies in developing and implementing policies, processes and procedures related to compliance, sanctions and export controls. BSCN also provides training on sanctions and export controls, beside advising on specific sanctions and export control transactions/issues.

Duration:

75 minutes

Moderator:

Anna Sayre, Legal Content Writer, SanctionsAlert.com

Are you an ACSS or SanctionsAlert Member? This Webinar is included in your membership. Members do NOT need to register for this webinar to attend, but will receive complimentary log in details via email.