The Knowledge Group Has Scheduled a Live Webcast on OFAC Compliance, Sanctions and Corporate Risks: How Prepared Are You

This two-hour event is scheduled on Tuesday, November 29, 2016 @ 12:00 PM to 2:00 PM (ET). End Quote

Jersey City, NJ (1888PressRelease) November 19, 2016 - The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, announced today that it has scheduled a live webcast entitled: OFAC Compliance, Sanctions and Corporate Risks: How Prepared Are You?

Event Synopsis:
Recently, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has announced settlements with HyperBranch Medical Technology, Inc. and other three separate Alcon companies to resolve apparent violations of the Iranian Transactions and Sanctions Regulations (ITSR). These enforcement actions simply demonstrate OFAC's heightened scrutiny of companies with laxity in sanctions compliance programs. Thus, it is imperative for companies to secure a robust compliance program that is in accordance with OFAC's standards in order to reduce multiple violations and avoid hefty civil penalties.

In this two-hour LIVE Webcast, a panel of distinguished professionals and thought leaders assembled by The Knowledge Group will help the audience understand the important aspects of this significant topic. They will provide an in-depth discussion of recent enforcement actions, latest trends and critical compliance issues and risks. Speakers will also offer best practices in establishing and strengthening comprehensive compliance program.

Some of the major topics that will be covered in this course are:
-OFAC Compliance Program - An Overview
-Recent Enforcement Actions
-Violations, Sanctions and Civil Penalties
-Implications on International Markets
-Key Compliance Issues and Corporate Risks
-Risk Assessment and Compliance Procedures
-Latest Trends and Developments
-Best Practices in Establishing a Comprehensive Compliance Program

Speakers/Faculty Panel:
David C. Butman
Partner
Hinkhouse Williams Walsh LLP

Eliot St. John
Sanctions Compliance & Evaluation, Office of Foreign Assets Control
U.S. Department of the Treasury

Jamie B. Rose
Member, Office of Foreign Assets Control
U.S. Department of the Treasury

For an updated list of the faculty panel, please visit:
https://www.theknowledgegroup.org/all-events-list/live-webcasts/event-homepage/?event_id=2197

About The Knowledge Group/The Knowledge Congress Live Webcast Series
The Knowledge Group brings together the world's leading authorities and industry participants through informative two-hour webcasts that study the impact of changing regulations and help businesses succeed through proper regulatory compliance.

Visit http://theknowledgegroup.org/ for further information and inquiry.

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