Lessons learned: Key Takeaways and Insights on Companies Subject to Penalties

September 16, 2020 2:00pm

Neil Whiley
Director of Sanctions Policy
UK Finance (UK)

Ross Marrazzo
Managing Partner
Treliant (USA)

  • What do recent US Sanctions enforcement settlements reveal about evolving priorities?
  • What are the new features in OFAC settlement agreements and what to expect going forward?
  • Highlights for compliance deficiencies or breakdowns that are commonly responsible for sanctions violations
  • Enforcement trends on use of US dollar payments; utilising
  • non-standard payment; improper due diligence; lack of sanctions compliance; screening software limitations; M&A’s; individual liability and misinterpretation of OFAC regulations.