OFAC Compliance: New Sanctions and Corporate Risks

Navigating the quagmire of regulations governing international financial dealings can be daunting and costly. One wrong step involving a sanctioned country, entity or individual can land your company or your client in hot water with the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC). Wrong moves resulted in more than $1 billion in OFAC civil penalties in 2014.

Our panel of legal experts will explain best practices for a comprehensive compliance program. Key topics to be discussed include sanctions related to terrorism and financial intelligence.
• OFAC—where it has been and where regulations are headed
• What sanctions enforcement means to your clients
• OFAC’s sanctions enforcement options
• Types of conduct and the level of enforcement they generate
• How civil penalties are calculated
• The impact of emerging areas of sanctions, including Iran and Russia
• The insurance industry’s risk profile
• How sanctions affect insurance coverage and claims
*CLE credit will not be given for viewing the “OFAC Compliance: New Sanctions and Corporate Risks” Webinar recording.

Видео OFAC Compliance: New Sanctions and Corporate Risks канала LexisNexis Corporate Legal