An estimated nine million Americans have their identities stolen each year. Identity thieves may drain accounts, damage credit, and even put medical treatment at risk.
Is your OFAC program keeping pace with the current acceleration of changes and increased complexities within the latest sanctions programs enforced by OFAC?
Recorded on March 01, 2014
OFAC Compliance in 2014: Examiners are expecting even more
This fast pace 2 hour webinar will provide best practices and hands-on tips for reassessing all areas of your institution's OFAC compliance program, including new concepts for explaining your institution's; OFAC risk assessment; mitigating
Bankers cannot ignore OFAC regulations and no one really buys the argument that checking isn't required if there's no regulatory mandate to check transaction parties against OFAC lists and sanctions.
Managing your bank's OFAC compliance program can't be a "write it once and forget it" event. It has to be kept current and responsive to the ever-changing developments in the OFAC compliance environment.
This fast-paced 2 hour webinar is designed for financial institutions of all sizes. It will provide practical guidance for monitoring and help you understand the changing dynamics of OFAC and Sanctions compliance in 2010.