2015 OFAC Sanction, Export Control Violations and Enforcement Trends: Best Practices for Preventing Violations

Topics

• What are the new war chest of punitive measures being deployed respecting the Ukraine/Russian sanctions and how to deal with them?
• What are the up-to-date developments regarding OFAC sanctions and how to brace for them?
• What are the red flags that a diversion with potential OFAC violations will take place? How to manage them?
• What are some of the recent and illustrative enforcement trends and lessons to be learned from key cases? (Commerzbank, PNB Paribas, Schlumberger and Weatherford)
• Based on the sanctions and enforcement trends as well as on key red flags and General Prohibition 10, how can one implement the latest best practices to avoid future violations?
• Why is General Prohibition 10 so important to understand in the context of preventing OFAC violations?
• How can one best gauge the proper level of due diligence to undertake – i.e., when has one done enough?

Who should Attend

• CFOs
• Risk/compliance managers and officers
• Internal audit staff
• Compliance counsel
• Accounts receivable personnel
• Finance directors and managers
• Import/export compliance and logistics personnel
• Accounts payable personnel
• Sales personnel
• Supply chain personnel
• Regulators
• Legal department personnel
• Inside counsel
• Any entity or person engaged in international trade