The global scenery is constantly changing, especially with the ongoing war in Ukraine, causing new sanctions to be announced almost every day. It’s important for every business to understand its obligations in relation to domestic and international sanctions and embargoes, and how they may potentially impact their business before entering into arrangements with offshore clients or partners.
The compliance departments of compelled entities have long been concerned with sanctions and embargoes. This is also stated in the appropriate guidelines issued by all international regulators. Any organization subject to AML laws must have policies and processes in place to address and mitigate any risks associated with sanctioned entities and embargoed nations. With the crisis in Ukraine and the difficult sanctions put on Russia and Belarus by the EU and the US, this need is becoming even more pressing.
FEBIS (Federation of Business Information Services), with the support and sponsorship of Infocredit Group is organizing a free webinar with the subject: “AML, Sanctions and Embargoes: Understanding the risks and learn how to mitigate them”. The webinar will provide its attendees with the necessary knowledge on the field of Sanctions and Embargoes and will help professionals to understand the risks and to be in position to apply counter measures in order to mitigate those risks.
The webinar will be held on Tuesday, May 10, 2022, 14:00 PM – 17:00 PM (UTC+02:00) on the Webex platform and the main agenda will include:
- Sanctions and Embargos
- Definitions and Case Studies
- Financial, Reputational and Business Risks
- World & European Sanctions
- Russian Sanctions
- Business Providers and how they are affected
Speaker: Theodoros Stavrou, Compliance Expert, Head of Compliance of Société Générale Bank – Cyprus
If you want to register on the webinar and learn more about sanctions and embargoes click here or contact Infocredit Group at +35722398000 or via email at info@infocreditgroup.com.
About Infocredit Group
Infocredit Group has been a leading provider of business intelligence and risk management solutions for 50 years. It offers high-quality flexible solutions, ranging from Credit Risk Management to Regulatory Compliance, Debt Recovery, Call Centre Services, Training, Consulting, ESG Services and Digital Marketing. With a focus on the global shift towards transparency, it aims to empower businesses by enabling critical trade and credit decisions and protects them from precarious scenarios and risky transactions. The company maintains an extensive international network of strategic alliances with reputable companies/associations including, LexisNexis, Finclude, MACM, CICM, Vinciworks, offering reliable tools to businesses across the globe so they can meet their financial, legal and ethical obligations.
www.infocreditgroup.com
