Sanctions Update: Keeping Up with Sanctions Changes with Robust Oversight Initiatives

  • When: September 26, 2018
  • Time: 12PM – 2PM ET
  • Level: Intermediate, Advanced

Sanctions management is increasingly complex, whether it’s staying current on the re-imposed economic sanctions on Iran, or navigating the complexities of sectoral sanctions. Institutions must deal with growing divergences between U.S. sanctions regimes and those of other governing bodies. Panelists will provide timely information on current sanctions changes and updates, and share practical, risk-based approaches for strengthening your overall sanctions compliance program.

Learning Objectives

  • Assembling human capital and technological infrastructure such as automated SDN screening to ensure timely responses to changing sanctions requirements
  • Enhancing enterprise-wide information sharing to bolster CDD, customer screening and transaction monitoring and identify and resolve potential sanctions-related red flags
  • Creating protocols for ongoing sanctions oversight, such as "micro" lookbacks of potentially problematic accounts, updating client profiles and standardizing account exiting procedures
  • Understanding AML challenges associated with Venezuela, including PDVSA’s bribery and money laundering charges, and currency control evasion via trade-based money laundering

Who Should Attend

  • Sanctions Risk Officers and Managers
  • Compliance Managers
  • General Counsel
  • Compliance IT Teams

Region/Sector

  • Global
  • North America
  • Bank
  • Securities
  • Insurance

Pricing

ACAMS Members Non-Members
$245 $445
Register Now Join ACAMS

Moderator

  • Jennifer B. Morrison, CAMS-Audit

  • VP, Senior Risk Manager
  • Corporate One Federal Credit Union

Bio

Jennifer Morrison is VP, Senior Risk Manager for Corporate One Federal Credit Union. Among her duties, she is responsible for the BSA/AML and OFAC/sanctions second line of defense models and assessments. Jenny is the corporate credit union’s former BSA/AML Officer and managed the BSA/AML department at Corporate One before moving to her current role. Jenny will be celebrating 19 years with Corporate One next month where she is also the functional credit officer and member of the enterprise risk management department. She is a founding member and co-chair of the Central Ohio ACAMS chapter, recognized by ACAMS in 2019 as the chapter of the year. Jenny has a BS and MBA from The Ohio State University, has both a CAMS and CAMS-Audit designation, and lives and works in Columbus, Ohio.


Speakers

Alison Jimenez
  • Alison Jimenez

  • Anti-Money Laundering Expert Witness, President
  • Securities Litigation Consultant, Damages Expert

  • Adam A. Smith

  • Partner
  • Gibson, Dunn & Crutcher LLP