New York, NY, January 23, 2014 --(PR.com
)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Jonathan H. Burke, Manager, Financial Services Risk Management, Ernst & Young LLP will speak at the Knowledge Congress’ webcast entitled: “AML/BSA and OFAC Compliance: Practical Guidance for Banks and Financial Institutions.” This event is scheduled for February 14, 2014 from 12:00pm – 2:00pm (ET).
For further details, please visit: http://www.knowledgecongress.org/event_2013_OFAC_Compliance.html
About Jonathan H. Burke
Jonathan is a manager in EY’s Financial Services Advisory practice. He joined the firm in 2012 after more than seven years with the US Government, including assignments within the Treasury Department, State Department and US Senate. In his current role, Jonathan advises global financial institutions on sanctions and money laundering risks, as well as the effectiveness of their compliance programs and system processes. While at the US Treasury, he was a senior policy advisor in the Office of Terrorism and Financial Intelligence, where he played a key role in developing and implementing strategies relating to economic sanctions and advising senior leadership on matters of national security policy.
Jonathan speaks frequently before global industry groups on matters concerning financial sanctions. He recently co-authored an article entitled, Understanding sanctions: How to identify risk factors.
About Ernst & Young
Named best consultancy by Operational Risk & Regulation magazine for the fourth consecutive year, EY provides a breadth of advisory services including operational risk management, enterprise risk governance, capital management, data management and reporting, anti-money laundering and regulatory compliance technology services to the world’s largest and most complex financial institutions.
EY’s Financial Crimes practice is a globally integrated team of industry leaders drawn from regulatory, compliance, business, enforcement and risk-related backgrounds. Our unique insights in current and future practices, regulatory expectations and optimization of program effectiveness have helped the world’s leading firms manage their money laundering risk while also managing cost. Our depth of experience and global connectivity on critical topics includes program design, AML optimization, sanctions compliance and technology enablement and enhancement.
The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.
Given the current economic environment, virtually every business transaction could pose significant & systemic risks for banks and other financial institutions. Adding to the challenge is stepped up enforcement by regulators. To help financial executives navigate through the myriad of challenges facing them, The Knowledge Group is producing “AML/BSA and OFAC Compliance: Practical Guidance for Banks and Financial Institutions LIVE Webcast.”
This two-hour Live webcast is aimed at offering step-by-step practical guide in developing and/or improving your AML/BSA and OFAC model by addressing the following key topics:
• AML/BSA and OFAC System Reviews
• Identify and Understand Risk Appetite
• Compliance Program for a Financial Institution
• Remodeling an Effective OFAC Policy
• BSA Examiner's Checklist
• Setting up Risk Policy Guidelines and Internal Controls
• Regulatory Issues and Best Practices
About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
The Knowledge Congress was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register to an event, please visit: www.knowledgecongress.org.