OFAC, Sanctions, and the Ever-Changing Environment
Ever since Russia’s invasion of Ukraine, the word sanction has been all over the news. But what do sanctions actually entail, how do they affect our industry, and why is it important to abide by them? Join us for a virtual presentation and Q&A with Daniel Tannebaum, Partner with Oliver Wyman. Daniel serves as the firm’s Global Head of Sanctions and provides support for Anti-Money Laundering and Sanctions crisis management among many other things. Daniel began his career in Compliance when he served as a Compliance Officer with the Office of Foreign Assets Control in the US Department of the Treasury.
About the Speaker
Daniel Tannebaum is a Partner at Oliver Wyman based in New York. He is a member of the Americas Risk and Public Policy Practice, leads the Anti-Financial Crime Practice for the Americas and serves as the firm’s Global Head of Sanctions.
- Dan provides Anti Money Laundering (“AML”) and Sanctions regulatory crisis management support to global financial institutions including banks, broker dealers and money services businesses. He also provides strategic AML and Sanctions Compliance Program support during both program creation and remediation. He has advised institutions on AML and Sanctions matters in over 25 countries across the Americas, EMEA and APAC.
- Prior to joining Oliver Wyman, he was a Partner at a global consulting firm where he supported the Global AML and Sanctions Remediation for several G-SIFIs under investigation or subject to enforcement actions. He’s led the design of target operating models, program governance frameworks, policies and procedures, and communication strategies for over a dozen global financial institutions.
- Dan has advised technology, hospitality and aviation companies with respect to their Export Control and Sanctions risk. The support ranged from response and remediation related to regulatory scrutiny, to generalized program strategy and enhancement support.
- Dan has advised numerous governments in advance of their FATF and APG Mutual Evaluations, as well as in relation to their national risk assessment process. He also supported the delegation for the 2006 US Mutual Evaluation process and National Risk Assessment.
- Previously Dan served as the Head of Compliance for the Americas and Global Sanctions Champion at Travelex. In this capacity he directed a staff of over 30 Compliance professionals in the U.S., Canada and Brazil. Before joining Travelex, Dan was the OFAC Compliance Coordinator for the Federal Reserve Bank of New York, where he advised on OFAC issues.
- Dan began his career in Compliance when he served as a Compliance Officer with the Office of Foreign Assets Control, US Department of the Treasury. Dan received the FBI Director’s Certificate for Exceptional Service in the Public Interest in May 2007.
- Dan is a highly sought after speaker on financial crimes issues and is often quoted in print publications, and is a regular guest on business television and radio.
10/27/2022 12:00PM – 1:00PM
Zoom – Link Will Be Emailed Before Event