July 23, 2020 10:00 AM – 2:00PM ET

(DRAFT AGENDA, subject to change)

10:00 – 10:30 AM BREAK Pre-Show Welcome video from ACSS and Main Sponsor, Exhibit Area Booth Exploration
10:00 – 10:30 AM GENERAL SESSION Presentation Key Note from Regulator or Law Enforcement This Key Note Session kicks off the Virtual Summit with a splash – Don’t miss it!
10:50 – 11:20 AM SIMULTANEOUS SESSIONS
Channel 1 Sanctions Compliance for Financial Sector Panel Discussion Hot Topic Update for the Financial Sector Join this session to learn about the latest regulatory and enforcement trends that affect sanctions compliance professionals at financial institutions worldwide.
Channel 2 Sanctions Compliance for the Non-Financial Sector Panel Discussion Sanctions Compliance for the Marine Sector New OFAC, Department of State, UN and UK sanctions compliance expectations for marine insurance and other segments of the shipping sector. Reasonable new compliance program elements to meet these expectations Technologies and other vendors that help with these compliance program elements
Channel 3 Special Danger Zones/Hot Topics Roundtable (ACSS members only Roundtable Sanctions Compliance Systems Best Practices A discussion of the best practices for internal sanctions compliance systems, drawing on the OFAC, EU, and Wolfsberg guidelines, as well as experience from European and U.S. banks and exporters.
Channel 4 Sanctions Compliance Roundtable (ACSS Members Only) Roundtable EU/UK Sanctions Discussion This roundtable covers EU and UK sanctions topics.
11:20 – 11:40 AM GENERAL SESSION Game OFAC/Sanctions Trivia Quiz Participate in this live game and test your knowledge of OFAC/sanctions compliance. This interactive session format will test your real-world knowledge on regulations and sanctions definitions, and key lessons learned from enforcement cases in a fun and interactive format. And yes, there are prizes! Don’t miss it!
11:40 – 12:10 PM SIMULTANEOUS SESSIONS
Channel 1 Sanctions Compliance for Financial Sector Panel Discussion Sanctions: The New Paradigm Sanctions: The New Paradigm: Today’s sanctions program is not your father’s sanction program. Programs are more complex and the Interdiction Applications more sophisticated.. This panel covers the use of government typologies and data analytics to find sanctions evasion. Also how to use sampling, going beyond the transaction and the challenge of finding beneficial ownership.
Channel 2 Sanctions Compliance for the Non-Financial Sector Presentation At the Coal Face of the Business: How Traders and Agents Think about Compliance (or Not) So you think that the traders and business teams are on board? This session provides lessons from the field for the legal team about how they think about sanctions compliance and risk. And how to convince them to play nicely with compliance.
Channel 3 Special Danger Zones/Hot Topics Roundtable (ACSS members only) Roundtable Iran Update This session provides a vital update on the sanctions against Iran. Don’t miss it if you have any business relationships or dealings with Iran.
Channel 4 Sanctions Compliance (ACSS Members Only) Roundtable CSS (Certified Sanctions Specialist) Certification Program Information Session Attend this roundtable and ask everything you want to know about the CSS Certification. How to prepare? How long is the exam? What is the passing score? How many points do I need to apply? What is the re-certification process? What can I expect on the exam?
12:10 – 12:30 AM GENERAL SESSION Presentation Key Note Key Note Session from the Main Sponsor
12:30 – 1:00 PM BREAK OUT SESSIONS
Channel 1 Sanctions Compliance for Financial Sector Panel Discussion Best Practices – Economic Sanctions KYC Program This panel discussion provides an overview of economic sanctions KYC program
elements via engaging case studies. Takeaway for participants is to understand and bring back to their respective institutions “lessons learned” for best practices in a sanctions KYC program.
Channel 2 Sanctions Compliance for the Non-Financial Sector Presentation Use of Data Analytics in a Sanctions Investigation – Corporate Setting Case study on the use of data analytics in a non-financial institution global investigation
Channel 3 Special Danger Zones/ Hot Topics Roundtable (ACSS members only) Roundtable Making a Sanctions Risk Assessment This roundtable covers how to make a sanctions risk assessment. What factors to use, and what weights to assign. Also, what format is acceptable to regulators or auditors?
Channel 4 Sanctions Compliance (ACSS Members Only) Roundtable Career tips and managing a top-notch sanctions compliance department and team Participate in this live roundtable and learn from others what steps they took to jumpstart their career in sanctions. Also, tips on managing sanctions teams and keeping them motivated.
1:00 – 1:30 PM BREAK OUT SESSIONS
Channel 1 Sanctions for Financial Sector Panel Discussion Sanctions Monitorship Survival Regulators and corporate executives are increasingly looking to third parties to evaluate and monitor compliance with OFAC and other sanctions laws and regulations and corporate compliance programs. Their goal is to ensure that employees and related entities operate in line with the sanctions laws and regulations. Frequently, these monitorships arise under a number of mandated circumstances, such as deferred prosecution agreements and other consent decrees. The idea would be to draw out some of the most productive ways that the two parties (the Monitor and the Financial Institution) can create as effective and seamless a relationship as possible.
Channel 2 Sanctions for the Non-Financial Sector Presentation Assessing Sanctionable Risk and How to Get Out of OFAC’s Web There is much confusion about what conduct is prohibited by U.S. sanctions
versus what conduct could exposure a party to being sanctioned themselves. This session explains you the distinction between prohibited vs. sanctionable conduct; provide tips for assessing what conduct is sanctionable; identify what to steps to take if a party finds is exposed to sanction; and explore what, if anything, could be done to delist a party that may have been sanctioned for conduct it did not know or believe was sanctionable.
Channel 3 Special Danger Zones/Hot Topics Roundtable Roundtable Sanctions Risk in the Supply Chain A key vulnerability in the supply chain process is the shipment of goods. Goods may be diverted, third parties may be introduced that are subject to sanctions, and any transaction that involves carriage by a vessel introduces a risk. Also, watch out for other risks in the supply chain, e.g. in a manufacturing or import export business
Channel 4 Sanctions Compliance (ACSS Members Only) Roundtable Sectoral Sanctions OFAC’s Sectorial Sanctions Identification List has upped the ante for many compliance professionals. Having a hit on your screening tool is just the start of the work. Attend this live session and talk with your peers about managing sectoral sanctions programs.
1:30 – 1:50 PM GENERAL SESSION Presentation Key Note from VIP
1:50 – 2:00 PM CLOSING SESSION Presentation Closing words from ACSS