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    Sanctions Compliance: Identifying High-Risk Entities and Mitigating Risk to Institutions

    About

    Financial institutions are facing increased expectations for identifying high-risk entities and mitigating sanctions risks. Gaps in sanctions management programs can result in unsatisfactory examinations, reputational damage, civil penalties, or regulatory enforcement actions. Join us for this CAMS-accredited webinar as industry experts explore:
    • The regulatory framework surrounding sanctions management, with a focus on compliance commitments.
    • How a risk-based approach to sanctions compliance can strengthen sanctions management programs.
    • Alert reduction strategies, including targeted analytics delivering higher-quality alerts than those offered by if/then rules or first-generation monitoring systems.
    • The benefits of moving from disparate sanctions management processes and systems to a consolidated sanctions screening platform.
    • How to prepare for and improve the results of audits and examinations.
    • How innovative solutions, such as automated watchlist updates and sanctions screening, can maximize the efficiency and effectiveness of sanctions compliance programs.
    Verafin will provide attendees with a certificate of attendance for 1 CAMS Credit. Attendees are responsible for submission of the certificate and reporting of credits to ACAMS.

    Date

    May 27 2021

    Time

    ET
    12:30 pm - 1:30 pm

    Cost

    Free
    Verafin

    Organizer

    Verafin
    Website
    https://verafin.com/
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