Sanction Screening in the Era of Blockchain
Featured Speakers :
In 2013, Doug was exposed to blockchain technology for the first time through his analysis of cryptographic currencies for a major asset management firm. From 2015-2016, he led an initiative within Latin America introducing identity verification methods utilizing blockchain technology. In April 2017, after 19 years of full-time employment within the “traditional” financial services community, he established a blockchain technology consulting firm assisting the portion of the nonprofit community that maintained operations in the developing world. As this area continues its impressive growth, He believes that this technology will have a profound impact on the way anti-money laundering operations are carried out within financial institutions. In September 2018, he joined BAE Systems Applied Intelligence as a Senior Solutions Consultant (AML).
Gina Scialabba Jurva, Manager, Thought Leadership, Thomson Reuters Legal Executive Institute Gina (Scialabba) Jurva, Esq., is an attorney and Manager, Thought Leadership for Enterprise Content – Corporates & Government for the Thomson Reuters Legal Executive Institute. Gina works on solutions to some of the world’s most pressing fraud issues including anti-money laundering (AML), e-commerce fraud, and government fraud, in addition to risk and regulatory compliance. In previous roles at Thomson Reuters, Gina worked as the Manager for the Risk & Compliance platform. She was also a Senior Legal Writer and Editor. Additionally, she spent a combined 11 years as a deputy district attorney handling both misdemeanor and felony cases and later, her own legal practice defending clients in criminal matters.
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.
This webinar is eligible for 1 CFCS credit.
Note to ACFCS members: Please register using the same email tied to your account.