It’s a Mad, Mad, Mad, Mad World of Sanctions: Best Practices for Navigating the Increasingly Complex Sanctions Environment

June 27, 2019 12:00 pm - June 27, 2019 1:00 pm

Webinar

Description

On May 2, the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) released extensive new guidance on what constitutes an effective sanctions compliance program.

Coming amidst a complex sanctions environment and an increasingly aggressive approach to enforcement, this guidance provides insight into OFAC’s views on the best practices that companies should follow to ensure compliance with U.S. sanctions laws and regulations.

It also serves as a roadmap for how to prevent sanctions violations from occurring as well as how OFAC will assess the adequacy of a company’s compliance program in the event of a violation.

In this webinar, our expert panelists will discuss best practices that companies can use to benchmark their own sanctions compliance programs and how to leverage this guidance to adeptly navigate the regulatory and commercial risks from sanctions.

 

Speakers

Zachary Goldman

Senior Associate, WilmerHale, former Executive Director at NYU School of Law's Center on Law and Security, policy advisor at the US Treasury’s Office of Terrorist Financing and Financial Crimes

Chip Poncy

Co-Founder, Financial Integrity Network, former Director, Office of Strategic Policy, US Treasury

Eric Sohn

Global Market Strategist & Product Director, Dow Jones, formerly held several high-level positions with the U.S. government including at the Departments of Justice, Homeland Security, Treasury, Commerce, and at the White House