AML and OFAC Compliance for the Insurance Industry

Dec. 14, 2011 - PRLog -- Building on the incredible success of our inaugural event and in response to demand from the market, this conference has been specifically tailored to address the unique AML and OFAC compliance challenges facing insurance and reinsurance companies.  

The 2012 forum will feature an unparalleled faculty, with speakers from industry leaders such as: New York Life, Nationwide, Prudential, Gen Re, Zurich Financial Services, Liberty Mutual, Travelers, American Council of Life Insurers (ACLI), AXA Group, MassMutual, Northwestern Mutual, Lincoln Financial, Sun Life, Manulife, and more.

Attendees will also have the opportunity to hear from and have their questions answered by AML and OFAC compliance experts from: OFAC, the Office of the NY State Attorney General, and the U.S. Department of Justice.

Topics to be addressed include: what insurance and reinsurance companies must do to avoid sanctions and ensure compliance; minimizing exposure to money laundering risks; leveraging existing resources to increase the efficiency and reduce the costs of AML, FCPA, and OFAC programs; ensuring compliance with sanctions regulations involving Iran, Syria, and other key nations; conducting internal investigations into potential money laundering, sanctions violations, or FCPA violations; benchmarking your programs against those of other insurance and reinsurance companies; identifying and mitigating the risk of OFAC sanctions due to facilitation; implementing effective internal and external auditing procedures and preparing for state insurance department examinations; and much more.

Additional information about the conference, including the complete faculty list, agenda, event brochure, and registration details, can be found at www.americanconference.com/AMLOFAC.  You can also register by calling 888-224-2480.