Emerging trends in AML & OFAC Compliance

Regulator Roundtable & Interactive Q & A

January 24, 2019 8:45am


James Slear
Thompson Coburn LLP (Washington, DC)

In this session, prominent regulators will discuss all of the latest and emerging compliance trends related to AML & Sanctions that are currently impacting the insurance industry, followed by an interactive Q&A. Topic coverage will include:
  • Why a tick-box approach to AML & Sanctions compliance is not enough
  • Guidance re certifications for AML compliance programs and functions
  • The convergence of compliance between cybersecurity & AML requirements
  • Marijuana businesses – whether or not FI’s should provide services?
  • Regulation on the transfer of risk
  • Cyber risk as a principle risk for insurers and reinsurers
  • De-risking – ongoing challenges
  • Regulatory support – how are the regulators supporting the industry in their compliance efforts?
  *denotes invited