Sanctions Effectiveness: Combining Multiple Factors to Identify Inherent Risk

  • When: July 20, 2020
  • Time: 11:00 – 12:00 PM ET
  • Level: All

As networks of sanctioned people, organizations and entities continue to expand, the effectiveness and parallel risks of current sanction models is worthy of debate. Evasive tactics continue to be exploited by criminals, including the rise of cryptocurrency use among sanctioned individuals and how affiliates can be utilized to circumvent these restrictions. In this webinar, we distinguish between two sanctions models – Targeted and Comprehensive – to explore their differences and discuss how financial institutions can balance risk factors, identify trends and bolster their program in the current state of global anti-financial crime and AML initiatives.

Learning Objectives

  • Defining Targeted and Comprehensive sanctions models to explore potential reasons for reevaluating sanctions risk management
  • Analyzing cryptocurrency as an emerging financial technology to delineate its role in facilitating sanctions evasion schemes
  • Utilizing case studies to demonstrate effective methods of evaluating sanctions risks above and beyond sovereign-based oversight

Who Should Attend?

  • Compliance Personnel
  • Risk Managers
  • SA/AML Officers
  • IU Members
  • Sanctions Specialists
  • Legal Advisors

Region/Industry

  • North America
  • Europe
  • Banking
  • FinTech
  • MSBs
  • Insurance
  • RegTech Specialists

Sponsor

rdc

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Presenters

Nikki Landes
  • Nikki Landes, CAMS, CFCS

  • Vice President of Operations
  • RDC

Bio

Nikki is responsible for managing RDC’s global analyst and data operations. With over 8 years’ experience in the AML field with RDC; she has a deep understanding and insight into RDC’s customer screening processes, systems and data. Having previously held various positions including Director of Data Research & Operations, and Advanced Reporting Manager. Ms. Landes received her Bachelors and Masters degrees from West Chester University and is a certified Anti-Money Laundering Specialist.


Hugo Veazey
  • Hugo Veazey

  • Director, Anti-Financial Crime Solutions
  • RDC

Bio

Hugo has spent the last seven years of his 30+ year career within the financial crime prevention space. He has worked for Bank of America Merrill Lynch, JP Morgan and Commerzbank in a variety of roles including Global Financial Crimes Compliance, FCB Remediation and KYC Advisory. Prior to this he spent c23 years with Barclays working primarily in their front office, fulfilling numerous Relationship Manager roles, most notably in UK Premier Banking, Commercial Banking and International Wealth Management. He has experience of working with UK and US regulators and is a certified Anti-Money Laundering Specialist.