Managing Partner, TruPoint, LLC
Babar Shameem is Managing Partner at TruPoint, LLC, a boutique consulting firm specializing in Compliance Technology with particular focus on Anti-Money Laundering (AML), Sanctions, and Anti-Bribery & Corruption (AB&C). He has 25 plus years of experience in leading large programs and strategic business units across Financial Services, High-Tech, Telecommunications, and other industries. Prior to assuming his current position, he was Global Head at Citigroup for AML / Sanctions Screening and AB&C Technology, recognized across Citi and by regulators – such as Office of the Comptroller of the Currency (OCC), Monetary Authority of Singapore (MAS), and South African Reserve Bank (SARB) – as an innovative and results-oriented expert in the domain of his responsibilities, driving successful strategy development and execution. He was instrumental in standardizing, consolidating, and enhancing AML / Sanctions screening technology while deploying case management / workflow solutions for match verification and escalation. Under his direction, a Gifts and Entertainment system, in support of the AB&C program, was also developed and deployed globally within 18 months.
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 […]
In these round table sessions, small groups will discuss several practical scenarios which illustrate unique OFAC compliance challenges when investigation transactions, obtaining licenses or conducting business in on near sanctioned countries, including Latin America and Middle East. Scenario 1 – Selling Software in Cuba Covers selling software in Cuba and working with the Cuban Ministry […]