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The Treasury Department’s Office of Foreign Assets Controls (OFAC) is stepping up enforcement of U.S. economic sanctions. U.S. companies operating in the global market face significant challenges as stricter and broader restrictions are imposed to prevent trade or financial transactions with targeted governments or entities. Risks associated with U.S. embargo programs are also increasing, as U.S. companies are restricted from doing business with third-country entities and persons acting on behalf of a sanctioned government. In this environment of legal mandates, financial institutions and multinationals must stay abreast of OFAC requirements or risk severe penalties reaching into the multimillions.

Now in its second iteration, the American Conference Institute’s, National Forum on OFAC Compliance and Enforcement, has assembled an exceptional faculty of leading industry executives, attorneys and government officials, who will provide the latest information on:

* Key components of an effective sanctions compliance program
* How the latest cases impact sanctions compliance programs
* Facilitation risks when working with non-US third parties
* What OFAC wants to see in a license application
* Screening for third-party risks
* How OFAC evaluates voluntary disclosures
* Conducting OFAC due diligence in M&As and Joint Ventures
* When and how U.S. sanctions apply to foreign companies
* Meeting requirements of state divestment statutes
* Update on new Guidance from OFAC