Description

• Reviewing cases to discern what “reasonably designed” transaction monitoring and OFAC sanctions filtering systems that address institutions’ specific risks require in practice

• Outlining strategies to deliver annual 504 certification including endorsement of board and confirming involvement of IT, internal audit and others in attaining effective monitoring

• Maintaining ongoing 504 compliance with policies such as comprehensive institutional risk assessments, end-to-end AML data validation and updating filtering as technology allows

Moderator(s):

• John J. Byrne, CAMS, Esq., Vice Chairman, AML Rightsource

Speaker(s):

• Maleka Ali, CAMS-Audit, President , Arc-Serv, LLC
• Elizabeth Davy, Partner, Sullivan & Cromwell
• Steven G. Lewis, CAMS, Deputy General Manager and Compliance Officer, Woori Bank, New York
• Saam Youssefi-Rad, Sanctions Compliance Director - Program Integration and Risk Management, Citigroup