Understanding Economic Sanctions for Banks and Financial Institutions


LIVE Webcast


Summary:

An increasingly complex global marketplace and increasing expectations by the US government to support foreign policy objectives creates challenges for financial institutions. They must be nimble enough to support their clients' cross border activities while being diligent about the complexities of sanctions regimes, from the US to every jurisdiction in which it operates. The rules governing exports and the challenges of monitoring for vessels and other shipping factors make trade finance especially challenging.

In this LIVE Webcast, lawyers and other seasoned compliance personnel will provide insight on the hidden risk that even a seemingly innocent money transfer can trigger severe regulatory consequences, along with training and other best practices for managing that risk.

Course Level: Intermediate
Prerequisite: None
Method Of Presentation: Group-Based-Internet
Developer: The Knowledge Conference
Recommended CLE/CPE Hours: 2.0
(Please note, your State Bar or Accounting Board will make the final determination with respect to continuing education credit.)
Advance Preparation: Print and review course materials
Course Code: 093842


Featured Speakers for Understanding Economic Sanctions for Banks and Financial Institutions live webcast:

U.S. Department of the Treasury

Gerard (Jerry) W. LiVigni
Senior Compliance Officer, Office of Foreign Assets Control (OFAC)


Deloitte Financial Advisory Services LLP

Alison Clew
Principal, Forensic & Dispute Services

Fulbright & Jaworski LLP

Scott Maberry
Partner

Wiley Rein LLP

John B. Reynolds, III
Partner


Event Talking Points:

SEGMENT 1:

Gerard (Jerry) W. LiVigniSenior Compliance Officer, Office of Foreign Assets Control (OFAC)U.S. Department of the Treasury

** Speaker Agenda to be added soon.. **

SEGMENT 2:

Scott Maberry, Partner,  Fulbright & Jaworski LLP

- Expansion of U.S. criminal jurisdiction and investigative tactics on economic sanctions issues
- International investigations: special issues
- Implications for compliance in the financial sector

SEGMENT 3:

Alison ClewPrincipal, Forensic & Dispute ServicesDeloitte Financial Advisory Services LLP

- Reevaluating policies and procedures in light of recent enforcement and examination activities
- Assessing filtering approaches, systems and lists to increase confidence in day to day compliance
- Comparing your program to peers
- Governance matters - escalation of findings, reporting to management, training

SEGMENT 4:

John B. Reynolds, III, Partner,  Wiley Rein LLP

- Adapting to OFAC's Enforcement Guidelines and the IEEPA Enhancement Act Penalties
- Expansive View of OFAC Jurisdiction
- Future of Risk-Based Compliance
- Voluntary Disclosures and Look-Backs


Who Should Attend?

- VPs/Directors of Export Control, Sanctions, Trade Compliance
- Sanctions Counsel
- International Trade Counsel
- Export Compliance Counsel
- Trade Compliance Officers
- Chief Compliance Officers
- CPAs
- Bankers
- Financial Executives

Why Attend?

This is a must attend event for anyone interested in having clear understanding on economic sanctions.
- New guidance explained by the most qualified key leaders & experts
- Hear directly from key regulators & thought leaders
- Interact directly with panel during Q&A


Registration Information:

Understanding Economic Sanctions for Banks and Financial Institutions
LIVE Webcast

Thursday, May 28, 2009
12:00pm to 2:00pm (ET)