Master today's regulations and be prepared for tomorrow’s: OFAC includes bitcoin

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Moderator: Jose Caldera, Chief of Product and Marketing, IdentityMind

About this talk

The Office of Foreign Assets and Control (OFAC) included, for the first time, virtual currency addresses as part of the description of individuals in the SDN list. This is the first time any regulatory body has added specific virtual currency addresses to any sanctions list. This will represent a challenge to financial institutions, FinTECH, and every organization having to screen for OFAC lists, as a result of the inherent properties of virtual currencies and the broad reach of OFAC. In this webinar, David Murray, VP of Products and Services at FIN, an expert in sanctions screening and virtual currencies, and IdentityMind’s product team leadership will discuss the background behind this decision, what it means for regulated institutions, what we can expect in the future, and more importantly how to ensure that your program is up to date for compliance. Panelist: David Murray, VP Products and Services, Financial Integrity Network Neal Reiter, Director of Product, Virtual Currencies and Tokens, IdentityMind

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