Archived WebinarSanctions Screening & Management:Originally Presented: October 6, 2023 Sanctions are growing increasingly complex, leading to greater regulatory scrutiny regarding the identification of high-risk entities. More than ever, a robust sanctions screening and management program is critical... |
Archived WebinarAdverse Media ScreeningOriginally Presented: July 20, 2023 The people making headlines may also be customers at your financial institution. Your own internal due diligence is only part of your customer’s story. Watch... |
Feature SheetSanctions Screening and ManagementIn an increasingly complex sanctions regime, financial institutions face mounting expectations to identify high-risk entities, mitigate sanctions risks, and prevent sanctions evasion, all while reigning... |
Archived WebinarA Risk-based Approach to Sanctions ComplianceOriginally Presented: July 27, 2022 An effective sanctions screening program that meets the growing complexities of sanctions compliance is essential for financial institutions. Relying on legacy and disparate systems across... |
InfographicSanctions EvasionAmid the ongoing Russian invasion of Ukraine, financial institutions are facing considerable challenges as bad actors employ tactics and schemes for sanctions evasion. With industry... |
BlogManaging the Growing Complexities of Sanctions RiskMay 9, 2022 by Verafin The Russian invasion of Ukraine and the subsequent escalation of the Russian-Ukrainian war has been met with condemnation and resulted in severe economic sanctions from governments across the globe. Sanctions are crucial to enforce foreign policy objectives and deter criminal... |
InfographicSanctions ScreeningFinancial institutions are facing increased expectations to employ a risk-based approach to sanctions compliance. As lists constantly evolve and the risks of non-compliance increase, conventional... |
BlogU.S. Court Case: 60 Funnel Accounts Used by Heroin Trafficking OrganizationSeptember 27, 2017 by Denise Hutchings “Narcotics traffickers will attempt to create elaborate financial networks in an effort to launder illegal drug proceeds.” (James Dorsey, Acting Special Agent in Charge IRS Criminal Investigation, June 2017) Heroin Trafficking Organizations Targeted by OFAC In May 2017, Treasury Secretary... |
Case StudyBringing it all TogetherTropical Financial Credit Union • Headquarters: Pembroke Pines, FL Assets: $939M • Core Banking System: Fiserv Spectrum “When your compliance processes are manual you... |
