Nikki Freeman’s Post

Brian O'Toole, Director, Head of Global Sanctions at Wells Fargo is set to speak at The Assembly Hollywood, an ACAMS event in Hollywood, Florida on April 8-10, 2024. He'll be taking part in two sessions on sanctions: 🌐The Big Question – the Future of Sanctions Compliance and CTF 🌐Sanctions, AML, & Export Controls: Taking Stock, Staking Out Priorities, and Paving the Way Forward As the regulatory landscape undergoes significant changes, Brian's sessions promise to be highlights of the event. Attendees can expect a comprehensive exploration of new developments and practical guidance on navigating them. Key Takeaways from Brian's Sessions: ✨ Emphasis on solving issues across financial crimes footprints and capabilities. ✨ In-depth analysis of the latest regulatory shifts. ✨ Practical guidance for effectively managing dynamic challenges. Don't miss this opportunity to gain strategic insights from a seasoned professional and connect with industry peers. The Assembly Hollywood is not just an event; it's a platform to stay ahead in the ever-changing landscape of financial crimes. Download the brochure to find out more: https://bit.ly/3LVe4Zh #ACAMSAssembly #FinancialCrimes #Sanctions #ExpertInsights #AML #AFC

A recent $3.7 million settlement by a global financial firm highlights the importance of comprehensive OFAC screening processes to mitigate sanctions risks. Read our article to understand how businesses can navigate the complexities of OFAC compliance.

A recent $3.7 million settlement by a global financial firm highlights the importance of comprehensive OFAC screening processes to mitigate sanctions risks. Read our article to understand how businesses can navigate the complexities of OFAC compliance.

Sanctions updates over the past 7 days 9 of 50 jurisdictions updated their lists OFAC and BIS continue to increase data content...do they impact screening? Register @ www.alignvu.io and find out... we breakdown the type of update and provide impact assessments

Read my latest newsletter covering key enforcement actions and sanctions from 30 September - 4 October 2024, focused on G-20 economies. Read the full newsletter here - https://lnkd.in/gSZN6mqF Stay compliant, stay ahead with this GRI's weekly series published every Monday! #Compliance #Regulatoryupdates #GRI

Our Monday read : Enforcement & Sanctions from G20!

Enforcement & Sanctions Weekly Digest: 30 September – 4 October 2024 Explore the latest regulatory changes and trends from around the G-20 nations in our newest edition, covering updates from 30 September to 4 October 2024. What’s Inside: - Argentina: Distribution of confiscated assets from the Heffner money laundering case. - Australia: Operation Kraken seizes $9.3 million in cryptocurrency linked to a global crime app. - Brazil: Major money laundering and currency exchange operations disrupted by federal authorities. - European Union: Infringement procedures initiated for non-compliance with EU environmental directives. - United Kingdom: Significant fines imposed for data breaches and failures in financial crime controls. - United States: The Federal Reserve issues enforcement actions related to flood insurance violations and insider dealing. - South Korea: Consumer mediation initiated to address disputes in the travel and accommodation sectors. -Saudi Arabia: Employers penalized for violating domestic worker regulations, with recruitment office licenses suspended. - France: Investigations into anti-competitive practices in waste management and pay-TV sectors. - And more! Stay informed with our comprehensive roundup of the latest global regulatory developments. Read the full newsletter: https://lnkd.in/gdbkf8qC Stay informed and compliant with Global Regulatory Insights! #RegulatoryUpdates #Compliance #GlobalInsights #GRI #LegalNews

Sanctions - a word that carries weight in the world of Financial Institutions and beyond. Staying compliant is not just a choice, it's imperative for mitigating risks and maintaining legal integrity. In 2023, the world witnessed substantial sanctions activity. Dive into LexisNexis® Risk Solutions Sanctions Pulse e-book, packed with key insights and trends from last year's regulatory updates. Stay informed, stay compliant! #financialcrimecompliance #Sanctions #RegulatoryUpdates

OFAC reporting is important – and it needs to be accurate. Get the required training with this program that will explain everything you need to know about OFAC and reporting, including the sanctions, penalties, and risks that accompany noncompliance. https://lnkd.in/e4XkmMct 📅 February 28, 2024 8:00 am – 9:30 am PT 9:00 am – 10:30 am MT 10:00 am – 11:30 am CT 11:00 am – 12:30 pm ET WEBINAR HIGHLIGHTS: ✔What is the Office of Foreign Assets Control (OFAC) and its purpose? ✔Learn how to use the OFAC search engine ✔Customer and noncustomer transactions to check ✔What is blocking or rejecting a transaction? ✔What to do and what happens when a match is found ✔Can a new account be opened if there is an OFAC match? ✔Reporting to OFAC when there is a match

UK Financial Conduct Authority continues to focus on sanctions systems and controls for 2024-2025. In our latest blog by Harry Hristov, our Director of New Business, learn about the key challenges firms face with watchlist data management and why it's crucial to enhance data governance frameworks.      Harry delves into the FCA's expectations, including the need for firms to understand sanctions screening tools' calibration and improve customer due diligence processes to prevent compliance risks.      Don't miss out on actionable insights to strengthen your organisation's compliance system.       Read the blog now: https://lnkd.in/grRXyxgQ  Stay informed, stay compliant!       #FCA #SanctionsCompliance #DataGovernance #FinancialRegulation