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
ACAMS web seminars provide a convenient method to meet training requirements and stay on top of AML trends, sanctions updates and regulatory changes, plus ask questions of industry experts.…