Sanction Screening in the Era of Blockchain

Featured Speakers :
WHEN : 05/13/2020 1:00 pm 2:00 pm

Complimentary webinar, courtesy of Thomson Reuters

Financial institutions were hit with $10 billion in fines in a 15-month period, ending in 20191. Of that, it is reported that 38.7% of fines came from transactions with sanctioned countries. The reality is that sanctions are on the rise, and the burden falls squarely on your shoulders. Moreover, rapidly-evolving blockchain technology is increasing the complexity surrounding these investigations, yet this technology also provides investigative advantages.

Join us  to hear what financial institutions, operating internationally, must do to comply with all applicable sanctions regimes.

You will learn:

  • The impact of cryptocurrency on economic sanction regimes.
  • How blockchain conventions that can improve sanction compliance and protect financial institutions from unintended privacy violations.
  • How watch list management and overall AML risk assessments are being radically changed by blockchain.

1 Fenergo research

This webinar is eligible for 1 CFCS credit.

Note to ACFCS members: Please register using the same email tied to your account.