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
Meet Your Presenters
Oscar Enriquez, CAMS, CPAML, MBA
Senior Manager of Risk Advisory Services | Kaufman Rossin
Oscar Enriquez is a Senior Manager in Kaufman Rossin’s Risk Advisory Services Practice, helping clients navigate complex business challenges and manage risk, especially in the area of Bank Secrecy Act, Anti-Money Laundering and OFAC compliance. He specializes in model validations including transaction monitoring, customer risk rating, OFAC and watch list
Yanelis Perez , CAMS
Senior Manager of Risk Advisory Services | Kaufman Rossin
Yanelis Perez is a Senior Manager in the Risk Advisory Services Practice at Kaufman Rossin. She focuses her advisory practice on Bank Secrecy Act, Anti-Money Laundering and Sanctions compliance, performing engagements in the areas of independent testing, data and model system validations for transaction and sanction screening tools. Her experience
