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Eight Things You Need To Know To Strengthen Your Sanctions Compliance Program

AML Services International

Jul
16
2015

Date: July 16, 2015

Time: 12:00PM

Location: Webinar

 

Financial sanctions regulations are complex, varied, and in flux. Harsh prison penalties up to 20-year prison terms and civil money penalties in the billions can be imposed.

The sanctions compliance program of a financial institution or other business should also assure its procedures include current information on sanctions developments worldwide, including

  • Sanctions against Russia/Ukraine, Venezuela and Cuba
  • Cyber-related sanctions
  • How to apply the 50% rule
  • Compliance for internet and web-based activities

Close monitoring of transactions to assure they do not involve a sanctioned entity, coupled with effective internal reporting and training, are essential elements of a good sanctions compliance program.

Take this fast-faced interactive 1-hour training, to get the low down on the latest updates, and learn the eight elements of what a good sanctions program should entail, and how to protect your institution.

Speakers

Professional Cropped Ganis Steve Mintz

Steve Ganis

Speaker

Steve Ganis is a government and private-sector lawyer at Mintz. His practice focuses on federal banking, securities, and derivatives laws, and he's recognized for his knowledge of anti-money laundering (AML) and sanctions regulations. Steve represents financial institutions and executives.