Maximum Pressure – OFAC Sanctions and Corruption Update
OFAC is targeting the most prolific economic sectors within nations of interest with a “maximum pressure” strategy 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 against Iran, Russia, Cuba, North Korea, and Venezuela and what that means for your institution. This webinar also discusses 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 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