Red Flags to Detect Sanctions Risk and Money Laundering Event

June 16, 2022

Recently, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) took actions against various Russian industries, government officials and certain high-net-worth individuals and their families.

Because of this, title and settlement agents should be reminded they need to comply with requirements against doing business with targeted foreign countries, designated nationals and other actors singled out by OFAC and the U.S. government. Additionally, money laundering remains a significant threat, particularly in connection with potential sanctions evasion.

Listen to this CertifID-sponsored ALTA Insights webinar, "Red Flags to Detect Sanctions Risk and Money Laundering Event," to learn how to spot the red flags of money laundering when at the closing table.

The webinar covers:

  • OFAC reporting requirements and sanctions risk
  • Money-laundering red flags
  • Due diligence tips
  • Bank Secrecy Act obligations
  • Geographic Targeting Orders

Speaker

  • Michael Parker | Counsel, Head of Anti-Money Laundering and Sanctions Practice | Ferrari & Associates


Contact ALTA at 202-296-3671 or [email protected].