Accuity workshop highlights increased regulatory burden

Of the many changes that 2015 will usher in, a relaxed regulatory landscape is not one. Indeed, for many banks and businesses alike, regulatory compliance is a key priority for the year ahead.

The stakes have seldom been higher. Frauds, scandals and complacency saw banks pay out more than $50 billion in fines last year, including an $8.9 billion fine for French bank BNP Paribas for violating US sanctions, and a monumental $16 billion settlement for Bank of America following the fall-out from its mortgage-backed securities fiasco.

Data, content and security solutions provider Accuity is hosting a complimentary trade finance workshop in London later this month, where participants can learn about the regulatory landscape and issues affecting the industry.

The workshop will cover:

- The impact of the global regulatory landscape on trade finance: Sanctions and embargoes affecting trade finance, including recent Russian and Iranian actions;

- The financial crime risks of trade finance;

- The Unknown: Dual use goods, their uses and how to ensure effective screening;

- Best and poor practices for trade finance:  a case study on streamlining your trade finance process.

Early registration at the event is strongly advised as places are limited. Attendance is free of charge and you can register your place here.