Screening and “KYL” Know Your Lists

50 SW 12th St. (Brickell), Miami FL 33130

To truly protect your business or financial institution and take a risk-based approach, you need to screen against the OFAC SDN list and other lists. This session focuses on technicalities and functionalities of list screening for OFAC compliance purposes. What kinds of tools can assist you and how do they work?

We’ll take a deep dive and dissect the OFAC SDN list. Who’s on it? Which geographies, what type of entities?

Best practices for comprehensive list screening and escalation

Customer due diligence to detect potential sanctioned entities, sanctions “busters” and how to apply the 50% ownership rule.

 

Speaker: Babar Shameen