Maximum Pressure – OFAC Sanctions and Corruption Update
OFAC is targeting the most prolific economic sectors within nations of interest with a “maximum pressure” strategy of OFAC sanctions to identify and starve out bad actors. This session highlights the strategy in addressing current geopolitical challenges, providing an update on the ever-evolving sanctions regimes imposed and what that means for your institution. Additionally, we discuss the Framework of OFAC Compliance Commitments released in 2019, current case studies, enforcement actions, and best practices.
Join this session to learn:
- The latest OFAC sanctions and updates
- How our changing world impacts regulations
- Best practices for maintaining OFAC compliance
- How these sanctions impact your financial institution
This session is eligible for 1 hour CFCS and 1.25 hours CRCM and CAFP