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.

Freight Forwarders and the Like: How to Limit the Risks Posed by Third-Party-Managed Compliance

Upcoming Webinar

Upcoming Webinar

Freight Forwarders and the Like: How to Limit the Risks Posed by Third-Party-Managed Compliance

Date: Thursday, March 14, 2019

Time: 12:00 PM – 01:15 PM EST | 04:00 PM – 05:15 PM London
05:00 PM – 06:15 PM Amsterdam

Many companies, large and small, increasingly rely upon operational services provided by expert third party service providers like: banks, forwarders, consultants, and the like. However, this outsourcing of services often includes a variety of potential compliance risks, both with regard to trade controls and many other areas of the business.

Whether you are a company or a service provider, it is essential that your team know about the risks and the division of responsibilities associated with third-party-managed compliance so that those risks can be mitigated.

In this ACSS/SanctionsAlert.com webinar, our expert speaker will discuss the compliance risks associated with using a third party service provider as well as how to best manage those risks and understand your companies continuing responsibilities.

You will learn:

  • What main activities are typically performed by third-party service providers as well as types of cargo movements;
  • How to best manage the compliance risks and responsibilities associated with using a third-party service provider, including: applicable law, interface with the service provider’s local partner, and documentation management;
  • Why it is important to understand the division of mutual responsibilities between your company and a service provider when entering into a new business in a new country; and
  • How/when to audit third-party service providers to ensure your company stays compliant.

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.

Jan J.H. Verloop
Trade Control Officer (retired)
Shell International

Mr.Verloop graduated in Mechanical Engineering and Business Administration, before he joined Shell in 1975.Until September 2016, he was Trade Control Officer at Shell International. In particular, he worked on the crossroads of technology, services and logistics in both Upstream, Downstream, Mining and Central Functions. This includes multi-year assignments in Oman, Surinam, Malaysia, Scotland as well as extensive travel to many other oil & gas producing countries including Iran and Syria.This has provided him a unique insight in the challenges caused by Global Set-ups interlaced by many Joint Ventures, complex and often fragmented organizations and business processes. Mr. Verloopis a Dutch national and most of his time resides in the Netherlands or the Swiss Alps.

Duration:

75 minutes

Speaker:

Jan J.H. Verloop

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.

Voluntary Self-Disclosures to OFAC: Best Practices and What Can Possibly Go Wrong

Upcoming Webinar

Upcoming Webinar

Voluntary Self-Disclosures to OFAC: Best Practices and What Can Possibly Go Wrong

Date: Thursday, February 28, 2019

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

Voluntary self-disclosure, or VSD, occurs when a company decides to report a wrongdoing or apparent sanctions violation to OFAC before that violation is discovered by other means. It is no secret that choosing to voluntarily disclose is considered a strong mitigating factor by several regulatory agencies. The U.S Treasury’s Office of Foreign Assets Control (OFAC)strongly encourages companies to voluntarily disclose and the U.S. Department of Justice introduced a VSD program for export control and sanction violations in 2016.

However, does your company or financial institution know when to disclose? Or how to disclose? Or the best practices surrounding VSD?

In this SanctionsAlert.com webinar, join our expert speakers as they discuss the ins and outs of voluntary self-disclosure, potential pitfalls, and best practices for disclosing violations to OFAC and other regulators.

You will learn:

  • The possible benefits and drawbacks associated with making a VSD;
  • How to prepare for scrutiny by OFAC by understanding of the potential violation being disclosed and the reasons it occurred;
  • How to avoid undermining any mitigating credit awarded by the disclosure by taking remedial actions to prevent future violations;
  • How to establish clear delegations of responsibility among employees and management in order to appropriately engage in dealings with OFAC and other U.S. regulators;
  • How to properly prepare for a VSD and to take appropriate actions in the course of the disclosure process with OFAC.

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.

M. Jason Rhoades
Counsel
Alston & Bird

Jason Rhoades is a member of Alston & Bird’s International Trade & Regulatory Team, where he focuses his practice on international sanctions and other financial crimes matters. Jason counsels clients in various industries, including financial services, manufacturing, energy, technology, pharmaceutical, and consumer goods.

Jason previously served as a sanctions compliance and evaluation officer for the Office of Foreign Assets Control, where he conducted compliance reviews of financial institutions and investigations into apparent violations of U.S. sanctions programs.

Jason served in the U.S. Air Force as an electronic warfare officer on the AC-130 gunship. He received his J.D. from Georgetown University.

Cristina Brayton-Lewis
Associate
White & Case

Cristina Brayton-Lewis advises clients on a variety of regulatory matters, including compliance with export controls and economic sanctions laws and regulations administered by the US Department of the Treasury’s Office of Foreign Assets Control (OFAC); the US Department of Commerce’s Bureau of Industry and Security (BIS) and the US State Department’s Directorate of Defense Trade Controls (DDTC).

In particular, Cristina focuses on comprehensive primary and secondary sanctions, including those maintained by the United States against Iran, Syria, Sudan, Cuba, the Crimea region of Ukraine and North Korea. She also advises with respect to the sectoral sanctions maintained by the United States against Russia and Venezuela. Cristina’s sanctions expertise includes matters involving designated parties on OFAC’s Specially Designated Nationals and Blocked Persons List (SDN List), including applications to unblock assets.

Cristina also provides compliance advice, such as classification and licensing requirements, under the Export Administration Regulations (EAR) and International Traffic in Arms Regulations (ITAR). In addition, she advises clients regarding antiboycott requirements maintained by the Department of Commerce and the Department of the Treasury.

Beyond compliance advice, Cristina also assists with internal investigations of possible sanctions and export control violations, as well as assisting companies with any Voluntary Self-Disclosures (VSD) to the relevant government agencies.

Prior to joining White & Case, Cristina was a Special Assistant Attorney General for the District of Columbia, where she prosecuted criminal matters in Superior Court of DC. She also interned at a leading law firm in Spain.

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.

FREE! Enterprise-Wide Sanctions Solutions

Upcoming Webinar

Date:  Tuesday, January 22, 2019

Time:  11:00 AM – 12:15 PM EST, 04:00 PM – 05:00 PM London,
05:00 PM – 06:00 PM Amsterdam

Enterprise-Wide Sanctions Solutions

Today, achieving compliance with ever-changing sanctions regulations is a complex process. Regulations frequently vary across separate jurisdictions and their requirements change constantly, with very limited guidance available from the authorities themselves. In addition, bad actors are continually finding new methods to evade sanctions, such as by using cryptocurrency.

Enterprise-wide technologies and modern techniques are now being implemented in order to ensure that a company efficiently detects those looking to evade sanctions and stays compliant. But how does a company best utilise these modern techniques in order to create an enterprise-wide compliance system that works for them?

In this SanctionsAlert.com webinar, sponsored by world-renowned compliance experts – FICO Tonbeller, our speakers will discuss how sanctions are most commonly evaded today as well as how your company can employ an enterprise-wide solution to ensure compliance with complex sanctions regulations and avoid penalties.

You will learn:

  • How threat groups and hostile nation states evade sanctions;
  • A case study on how sanctions are evaded using cryptocurrency;
  • How terror and trans-national threat organizations use illicit money flows to fund their criminal activities and evade sanctions;
  • The nature of the hybrid threat; and lastly
  • How enterprise-wide sanctions solutions can assist your company to overcome sanctions compliance challenges.

Add to Calendar

OFAC

Duration: 

75 minutes

Moderator:

Anna Sayre, Legal Content Writer, SanctionsAlert.com

Enterprise-Wide Sanctions Solutions

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.

Gerhard Hess
Regional Sales Director, Africa and France, EMEA
FICO

Gerhard is Regional Sales Director at FICO TONBELLER Compliance Solutions for Africa, and France. He works with supporting partners and key- accounts in solutions for AML, RAS, RCC, Embargo, KYC and TCR Tax Compliance for FATCA and CRS, Risk Management for Banks (Identify and record business risks), International rollout for AML /CFT Solutions for Key Accounts as well as AML Advanced Analytics.

Gerhard is Member of ACFE and shares knowledge for Regulatory Compliance for insurance and banks and other industries.

Gerhard speaks German, French and English.

Debra J. Geister
Head of Business Strategy and Operations
Section 2 Financial Intelligence Solutions, LLC.

Debra Geister is in charge of Business Strategy and Operations for Section 2 Financial Intelligence Solutions, LLC. Section 2 or S2 focuses on solutions for identification and detection of transnational criminal organizations (TCO). They specialize in investigator “hybrid threat” training, precision scenario development and risk assessment services. The goal of S2 is to identify the financial patterns of the “hybrid threat” and to educate banks of the current threats to the financial system.

Prior to S2, Ms. Geister was the Managing Director of the AML Advisory Services at Matrix International Financial Services. She also held a position as the Senior Vice President of the Financial Intelligence Unit for a US based financial institution, leading the combined Fraud and Bank Secrecy Act Unit and guiding the bank out of a cease and desist order.  Previously, for 10 years, she was Senior Director of Consulting Services and also director of Market Planning for AML and Fraud Products at LexisNexis Risk Solutions. Debra developed products to assist clients with processes such as sanctions screening, OFAC, PEP, and 314a. She has worked with many large global and domestic financial institutions. She has extensive experience with the technologies and design behind many of the products that support the Financial Services industries and all areas of AML including, Customer Information Programs, Sanctions Compliance, Customer Due Diligence and Transaction Monitoring and Investigations. Geister is also an experienced speaker and media analyst on the topics of money laundering, fraud and financial crimes.

U.K. Sanctions and Anti-Money Laundering Act 2018: Legal Implications and Compliance Considerations

Upcoming Webinar

Upcoming Webinar

U.K. Sanctions and Anti-Money Laundering Act 2018: Legal Implications and Compliance Considerations

Date: Thursday, December 06, 2018

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

Regardless of whether they originated at the U.N., E.U., or OSCE, the U.K. currently derives all of its economic sanctions regimes from European law. However, since the historical U.K. decision to leave the E.U. (or ‘Brexit’), it has been unclear how exactly the U.K. will implement sanctions policy after the divorce.

The new Sanctions and Anti-Money Laundering Bill (or SAMLA), which was passed by Parliament in Spring 2018, provides the U.K. powers to impose, update, and lift sanctions once the U.K. leaves the E.U. in March 2019. But will the U.K. sanctions landscape stay the same, or is it likely to change drastically? What are the new compliance implications, if any, for U.K. and global companies?

In this SanctionsAlert.com webinar, our speakers will untangle the SAMLA web and provide insight into how the U.K. sanctions might (or might not) change when it is implemented next year.

You will learn:

  • The implications of SAMLA’s powers and penalties;
  • What the future holds regarding cooperation with E.U. and International allies, including potential divergence from other sanctions regimes;
  • ‘Designation by description’ and what that will mean from a compliance perspective;
  • A break down of Government guidance provided thus far;
  • Details of any expanded reporting obligations; and
  • Potential licensing opportunities and/or changes to policy.

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.

Jeremy Scott-Joynt
Pupil Barrister (and Former Head of Investigations at Standard Chartered)
Outer Temple Chambers in London

Jeremy coming to the UK Bar, Jeremy worked in international banking compliance for 7 years. As Standard Chartered Bank’s Head of Investigations for Europe, and then its Senior Anti-Bribery and Corruption (AB&C) Advisor, he investigated civil and criminal allegations against both clients and staff, advised senior management on legal and regulatory matters, and oversaw the evolution of controls to tackle fraud and corruption. Thereafter, he was the Criminal Risk Officer for Bank of Montreal in EMEA, building out the bank’s financial crime control programme and advising senior management on matters including the Criminal Finances Act, MiFID II and the Senior Managers’ Regime.

Before moving into banking, Jeremy spent four years at the UK regulator – the Financial Services Authority – as an intelligence and investigations specialist. During that time, he oversaw enquiries involving allegations of fraud and corruption, advised on financial crime concerns as Deputy MLRO, and built the intelligence basis for successful prosecutions including the £250m HBOS Reading high-risk lending fraud.

Andy Wragg
Global Chief Compliance Officer
AXA Corporate Solutions

Andy is the Global Chief Compliance Officer of AXA Corporate Solutions, part of AXA XL, and is currently based in Paris and London.  He leads a network of compliance resource in 10 countries overseeing compliance with regulatory requirements across the company’s international network and, amongst other responsibilities, ensures effective controls around international sanctions, anti-fraud, bribery, corruption and anti-money laundering, as well as data privacy requirements.  Previously, Andy led the Corporation of Lloyd’s team specialising in regulatory non-compliance resolution, and providing sanctions and financial crime compliance oversight and guidance to the Lloyd’s Market.  During this time, Andy built a market-facing regulatory compliance capability for Lloyd’s, assessing and testing the market’s financial crime compliance standards.

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.