APAC Update: Sanction Challenges in Maintaining Business Relationships

Presented by

Moderator: Hue Dang | Speakers: Maggie Qiu and Nicholas Turner

About this talk

Despite increasingly strict and complex sanctions, financial institutions throughout the APAC region have are considering having business relationships with sanctioned nations such as Iran, Iraq and Myanmar. This webinar will provide attendees needed guidance on creating an effective sanctions management program and an updated, comprehensive compliance strategy for dealing with sanctioned nations. Industry experts will detail practical strategies to mitigate the risks and avoid potential penalties associated with doing business with sanctioned nations. Learning Objectives: •Analyzing continuing risks with Iran and other sanctioned nations to ensure monitoring models are capable of real-time adjustments •Creating institutional risk profile metrics that demonstrate appropriate KYC and CDD procedures •Maintaining a risk-based approach to sanctions management that aligns with regulatory expectations

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