Responding Properly To OFAC Obligations

  • When: Previously recorded on: June 10, 2015
  • Time: 12:00 PM – 2:00 PM ET
  • Level: Intermediate to advanced

When it comes to sanctions, OFAC’s options range from no action to criminal referrals. The final outcome may very well depend on how your institution responds. Learn the common mistakes that often draw OFAC’s attentions, the factors it considers when weighing penalties, and the actions you can take that may influence how the subjects in disputes are ultimately resolved.

Learning Objectives

  • Outlining what an OFAC inquiry means
  • Structuring responses to OFAC queries
  • Negotiating terms of OFAC settlements

Who Should Attend

  • Compliance Officers
  • Banking Counsel
  • Sanctions Risk Managers

Industries

  • Gaming
  • Law Enforcement/Regulatory
  • Legal

Pricing

ACAMS Members Non-Members
$195 $295
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Speakers

Ann Broeker
  • Ann Broeker

  • Economic sanctions compliance program lead and former OFAC attorney
  • GE Capital

Erich Ferrari
  • Erich Ferrari

  • Founder
  • Ferrari & Associates