Unmasking Sanctions Evasion: Trends, Challenges, and Solutions

Financial institutions and fintechs are under pressure to adhere to strict KYC/CIP compliance regulations and guidelines to prevent illegal activities such as terrorist financing and anti money laundering. One of the most crucial components of KYC/CIP compliance is sanctions screening, which entails identifying and blocking transactions involving sanctioned individuals, organizations, and countries. However, as sanctions become more complex and sophisticated, bad actors are increasingly using hybrid threat finance to evade them.

In this webinar hosted by Fintech Nexus, former international intelligence expert and compliance leaders discuss:

• Typologies of sanctions evasion and risks within your organization
• The importance of flexible, scalable solutions for effective sanctions management
• Ensuring a complete and comprehensive sanctions program
• Practical tips for improving and managing sanctions screening programs and how to avoid penalties

Joshua Fruth

Co-Founder, Section 2 Financial Intelligence Solutions

Debra Geister

Vice President, Compliance Solutions, Socure

Clint Heyworth

Director of Compliance, Alloy