With the recent COVID-19 developments, companies are facing growing challenges with implementing compliance programs with limited resources. Restricted party screening can require significant resources and valuable time to review “hits,” which often prove to be false-positives. At the same time, setting screening parameters too narrowly may miss actual hits.
In this one-hour webcast, leaders from KPMG LLP’s Global Export Controls & Sanctions practice will discuss the challenges, pitfalls, and solutions for administering an automated restricted party screening system using smarter technology with fewer resources. KPMG professionals will lead discussions on lessons learned from recent enforcement actions and the steps organizations can take to optimize their systems for maximum efficiency and effectiveness.
This webcast will be of significant interest to trade compliance professionals and legal departments.
Webcast polling results on the impact of recent enforcement actions on sanctions compliance programs.