Performing BSA/AML/OFAC Risk Assessments: Components, Techniques and Best Practices
OVERVIEW This 60-minute webinar will summarize the importance of performing BSA/AML/OFAC risk assessments properly. It will discuss the various components ...
Tag: OFAC
5 Common Weaknesses in OFAC Sanctions Compliance Programs
If your business activities take place in the U.S., you need to be doing OFAC screening. Michael Volkov offers five ...
Catching Up with OFAC Sanctions Enforcement Actions
Michael Volkov highlights three sanctions-related enforcement actions all breaking in the last six weeks – and two of which involved ...
OFAC Puts Asian Companies on Notice with “Compliance Framework”
The Clifford Chance team covers OFAC’s recently published “Framework for OFAC Compliance Commitments,” with a particular focus on how the ...
OFAC Enforcement Action Underscores Russia Sectoral Sanctions
Michael Volkov details the settlement between the U.S. OFAC and Haverly Systems, which was found to be in violation of ...
U.S. Tests New Sanctions Strategies on Russia, Venezuela
Clifford Chance’s Wendy Wysong and Nick Turner discuss recent sanctions leveled by the U.S. against Russian and Venezuelan corporations and ...
OFAC Announces 2 Sanctions Enforcement Settlements
What a difference a year makes — The Treasury Department’s Office of Foreign Asset Control (OFAC) announced two sanctions settlements ...
OFAC Enforcement: The Epsilon Case and Third-Party Risks
What the Decision on Epsilon's Sanctions Violations Means for Companies Michael Volkov discusses Epsilon's sanctions violations, the resulting "reason to ...
A Compliance Crisis in North Korea
How to Avoid Sanctions Risks A recent advisory issued by the U.S. Department of the Treasury’s Office of Foreign Assets ...
Asia-Pacific’s Link to the Russian Oligarchs
A Compliance Challenge On April 6, the U.S. imposed economic sanctions on a number of Russian individuals and entities (specially ...
Practical Steps for Compliance with NYDFS Regulation Part 504
5 Actions to Take Now With the New York State Department of Financial Services (“DFS”) Part 504 regulation’s first annual ...
Validating AML Models Under the NYDFS Part 504 AML Requirement
Enhancements Needed to Address Deficiencies April is fast approaching, and with it comes the deadline for certification with the New ...
- Andrew J. Kandelapas August 20, 2019SEC Obtains Final Judgment Against CEO in Penny Stock Fraud Scheme
- Crystal World Holdings, Inc., et al. August 19, 2019SEC Charges Issuer for Misleading Investors in the Sale of Unregistered Securities
- Scott P. Strochak August 19, 2019SEC Charges Head Sales Agent in South Florida Alternative Investments Scheme
