Latest Money Laundering and Terrorist Financing Trends Every Sanctions Compliance Officer Should Know
Overview: The overlap between Anti-Money Laundering (AML) and sanctions has always been undeniable. In the last 10 years, however, sanctions have emerged as a unique and separate area of compliance carrying heavy civil as well as criminal penalties for failure to comply.
This webinar will provide a key update on latest AML trends, and practical approach to the similarities and differences between AML and Sanctions rules, as well as what a company can do to stay fully compliant with both compliance models.
- Important developments in AML and terrorist financing methods
- Connecting the dots between AML and sanctions, such as BSA/AML Examination Manual and its role in OFAC compliance program examinations
- The overlap of sanctions and AML controls concerning activity by designated terrorist groups, militias, and other organizations
- How to ensure your sanctions and AML teams communicate appropriately with each other (and avoid common misunderstandings)