Added to the Events Calendar – March 14th in London, the Anti-Money Laundering Professionals (AMLP) is holding its annual 1-day seminar on financial crime. They also have a number of other events each year, which I will post when they are scheduled.
From my good friend Shaun Hassett of Financial Examinations & Evaluations, Inc: On Wednesday, February 13, Georgetown Law is hosting an all-day conference entitled “The Evolution of Economic Sanctions: Increasingly Financial, Multilateral, and Robust.” The event will feature a keynote speech by Treasury Assistant Secretary for Terrorist Financing Daniel Glaser […]
Two changes to the Events Calendar page: There is now a listing for the Bankers Online (BOL) BSA/AML Top Gun conference in Scottsdale, AZ – it’s February 25 & 26 The conference page for ACAM’s April European conference in the Netherlands is now up, so I’ve linked to it. If […]
Ships are often identified by one of two identifiers: their call sign (aka call name, call letters, call signal, or call) and their IMO number. A vessel may have one, both or neither of these – but the vessels on the OFAC SDN list will have both. IMO numbers are […]
So, what happens if a economic sanctions list violation happens? Well, in OFAC’s case, it’s pretty clear: they investigate and evaluate (based on the General Factors in their Enforcement Guidelines, and then take one of a number of actions: No Action – really! If there is insufficient evidence that a […]
So, how do we actually match our data to the watchlist data? There are two components to this, really: the mechanism by which we match, and what we actually match against. The matching mechanism is, ultimately, boiled down to some flavor of text search and matching technology. In broad strokes, […]
I’ve added links to the Swiss sanctions programs. Each of these pages has links to the consolidated list for the particular program, as well as delta files in PDF, MS Word and XML formats. The program descriptions are in German, so you’ll need a translation tool.
I’ve been busy adding links to all the OFAC General Licenses to the Regulatory Links page. As of now, I have to add Iran, Iraq, Libya and Sudan, but the rest are there – expect the rest by the end of the week. Boy, there are a lot of them… […]
New page on Mr. Watchlist – a list of upcoming events. For now, it has all the ACAMS conferences for 2013, as well as the ABA/ABA Money Laundering Enforcement Conference, the ACFCS conference, and the annual SIFMA conference. As I come to know of other conferences, seminars and webinars, I’ll […]
Time for the most basic of basics: what are watchlists and why do people use them? Watchlists are lists of people, places and things that could expose companies and other organizations to elevated financial, reputational and/or regulatory risk. Some lists are issued by official bodies, while others are assembled by […]