​ Skip to main content
1Lod logo white

Financial Crime: Sanctions Deep Dive

logodate

CPDMember

Join this virtual Sanctions Deep Dive

Create a Global Sanctions Policy

Sanctions screening is not simply a matter of screening against well-publicised lists of sanctioned entities. Any sanctions list only provides banks with a very basic level of risk indicators. The real task is to understand true sanction risk exposures across the bank’s products, services, operations, business lines and geographies.

 

What does 1st Line Accountability for Sanctions look like?

Sanctions policy is now a top priority for global financial crime teams. What can you bring back to your firm to better shape the sanctions landscape? This moves far beyond regulatory compliance, showing commitment and due diligence to governmental agencies to mitigate risk for financial institutions and effectively combat financial crime.

This Sanctions Deep Dive will explore how banks’ accountability in global sanctions regimes has increased over recent years. Understanding and navigating global and cross-jurisdictional sanctions policies has never been more relevant.

Hear Citi's Jonathan Burke discussing sanctions regulations

 

Join this Sanctions Deep Dive to find out how you can:

  • Improve 1st line understanding and ownership of sanctions risk
  • Ensure your sanctions processes and procedures are prepared for sudden extreme changes
  • Drive an efficient and well-communicated global sanctions policy
  • Create coherent business accountability for sanctions as part of an enterprise culture
  • Develop an outcomes-driven sanctions process
  • Define sanctions risks, risk appetites and policies
report            

Russia’s invasion of Ukraine is a timely reminder of just how important it is to get sanctions screening right – no easy task given that this is a complex, fast-evolving area in the field of financial crime. Financial institutions must be able to understand and track sanctions, identify sanctioned entities and apply the right controls to them if they are to avoid the risk of enforcement that can cost billions of dollars in fines and threaten their very existence. Five sanctions chiefs give their views on how to do sanctions better.

Read the full report now

 

 

Our next Financial Crime: Sanctions Deep Dive is in

 

Book your Early Bird ticket now

 

How the Deep Dives work

Networking

  • A series of interactive pre-booked roundtable discussions between financial institutions, moderated by 1LoD
  • An inter-delegate messaging system

Roundtables

Private, off the record roundtables are moderated by 1LoD, and attended by delegates from financial institutions who have booked their place in advance. They take place on Zoom. Delegates are sent discussion topics, and an overall structure of the debate in advance to assist the flow of the discussion.

What have others said about attending our virtual events?  

  • “Bringing together relevant industry professionals, regulators and vendors provides an opportunity to learn from peer banks and devise solutions to AFC. This helps to facilitate the industry responsibility to prevent financial crime.“
    Charanpal Matharu
    Director, Citigroup
  • "Engaging. A thoughtful set of discussions on increasing the effectiveness of the financial crime ecosystem."
    Nigel Hayward
    Head of Financial Crime Technology, Natwest Markets
  • "1LoD attracts senior and influential speakers and provides an opportunity to share ideas, challenge thinking and build partnerships."
    Nigel Kirby
    Head of Group Financial Intelligence Unit, Llyods Banking Group
  • "A great event, with a good mix of attendees…. excellent speakers and strong content. Will definitely return."
    Matthew Hobbs
    Head of FCC Strategy, Swift

Do you have a product or service that could benefit the audience?

Join the leading firms that are benefiting from the sponsorship and marketing opportunities available.

Contact Andrew Lennon now for details:
andrew.lennon@1lod.com 
+44 (0)7914 215 980
cover

Why not have a look at our Financial Crime Deep Dive series

Search