AXA Equitable Conference Center:  787 Seventh Avenue (Between 51st & 52nd Streets), NY, NY

SIFMA’s OFAC Compliance Symposium is a half-day program dedicated to the requirements for the securities industry of U.S. Treasury Department’s Office of Foreign Assets Control (OFAC).  The conference will bring together the leading experts from industry and government to discuss the most recent developments and requirements in OFAC regulations.  

OFAC regulations apply to all financial institutions in the U.S. and require the identification of any transaction and property subject to a U.S. sanction.  OFAC administers and enforces U.S. economic and trade sanctions against targeted foreign countries, terrorism sponsoring organizations and international narcotics traffickers.   Financial institutions must “block” or “freeze” accounts, assets, and obligations of blocked entities and individuals. 

Topics Will Include

·         Overview of OFAC’s rules, sanctions programs and enforcement guidelines

·         How to Structure Your Overall Compliance Program

·         Tips for More Effective Screening Programs 

·         OFAC’s Application to Investment Banking and Activities Conducted Outside the U.S.

·         Recent Enforcement Actions and What Firms Can Expect on Examinations

Why You Should Attend

OFAC is an integral part of a firm’s overall compliance program and continues to be a high priority for regulators.  You will learn from OFAC compliance specialists what you need for your compliance program.

Who Should Attend

This conference is aimed directly at brokerage industry professionals responsible for OFAC compliance.  This conference will be the focal point for the leading experts to share their insights, provide guidance and address participants’ questions and concerns.  This is a must for every firm.

CLE

SIFMA has been certified by the New York State Continuing Legal Education Board as an Accredited Provider of continuing legal education in the state of New York. Parts of this program have been approved for CLE credits.

Fee reduction may be available for qualified registrants.