The Changing Compliance Landscape; Let’s talk OFAC New Framework for Sanctions Compliance Programs & FinTech and Financial Crime

Overview:

In 2019 the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) published a new Framework for OFAC Compliance Requirements. Regulated Entities are required to implement a robust and effective sanctions compliance program (SCP) that protects the financial system from abuse.

Did you know Financial Technology (FinTech) companies that transfer or exchanging funds are subject to AML/CFT (sanctions) rules and regulations. In this webinar you will gain an understanding of a Fintech sanction compliance strategy.

This live webinar will cover:

Practical steps to develop a risk-based sanctions compliance program to comply with the new OFAC Framework SCP

How to minimize potential exposure of/if sanction violations occurrence

FinTech companies’ requirements with Sanctions

Who shoud attend:

Anti-Money Laundering Officers

Compliance Officers

Reporting Officer

Fraud Investigators

AML Investigators

Heads of Anti-Money Laundering

Audit Department (Internal/External)

Senior Management

Operation Officers

Enterprise Risk Managers

AML/BSA/OFAC Specialists

Legal

Speakers:

Mr. Marcos Czacki (General Counsel, Daimler Financial Services, Mexico)

Mr. Stanley Foodman (AMLFC Institute Board of Regents, CEO, Foodman CPAS & Advisors, Florida)