Webinar: Sanctions Risk – What’s the Problem?

October 31, 2016

For many in the anti-money laundering (AML) compliance space, addressing the problem of sanctions risk is often viewed as simply having to comply with both international and domestic regulatory requirements. However, because sanctions are commonly used as a political tactic to pressure groups and other entities to change their behavior, complying with regulations related to sanctions is increasingly complicated. What is considered to be compliant can also be open to a wide range of interpretations.

Complicating matters further, if all jurisdictions fail to abide by a particular set of sanctions or if legal provisions aren’t carefully crafted, grey areas can result, placing financial institutions at risk because they could unknowingly become involved in transactions that could be deemed illicit.

To mitigate the risks involved with sanctions, financial institutions and other organizations must ensure they understand exactly why sanctions were imposed, and they must have a firm grasp on the relevant international legal requirements and any established conventions.

In a webinar event on November 10 at 11 a.m. (ET), CaseWare Analytics Chief Operating Officer Andrew Simpson will be joined by Strategic Forecaster and Risk Expert Chris Parry to explore this topic. This webinar, called ‘Sanctions Risk – What’s the Problem?’ will touch on:

  • The character and effectiveness of sanctions regime
  • How to implement a comprehensive risk-based approach to sanctions screening
  • How to effectively navigate legal requirements and established conventions

Our experts will also discuss how to understand evasion and loopholes, third parties and proxies, and more. For more information or to register for the webinar, visit our Events page now.

 

About Anu Sood:

Anu Sood is the Director of Product and Corporate Marketing at CaseWare Analytics and is responsible for the company’s global marketing strategy. Prior to CaseWare Analytics, Anu worked in various roles in the high-tech industry and her accomplishments range from writing software for telephone switches to launching a new global satellite communication service. Anu has extensive experience in strategic marketing, corporate communications, demand generation, content marketing, product management, product marketing and technology development. 

Connect:   Anu Sood

 

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