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):
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
