Skip to content
Learn How GeoComply is Helping Lead the Way in AML Reform in Canada
Get Your Copy

TRM Talks | Sanctions Compliance in Crypto

Read time:
1 minutes

A conversation on adapting sanctions programs for the world of crypto.

Thu, Nov 3, 2022 · 10:00 AM |  Pacific Time (US & Canada) (GMT -7:00)

In October 2021, the Treasury’s Office of Foreign Assets Control (OFAC) released guidance on best practice for cryptocurrency businesses as they navigate sanctions in the crypto space.

AIs part of that guidance, OFAC recommended that companies in the virtual currency industry develop a sanctions compliance program and conduct routine and, if appropriate, ongoing risk assessments to identify potential sanctions issues. This compliance program would include the use of blockchain intelligence and geolocation tools.

In this session, TRM Talks is joined by sanctions compliance experts with robust experience on building out sanctions compliance programs for crypto businesses to discuss:

  • The ins and outs of how to approach implementing a sanctions compliance program
  • Recent enforcement actions and subsequent key takeaways
  • What are the next big issues in crypto-related sanctions compliance we should be thinking about?
Ari Redbord
Moderator
Head of Legal and Government Affairs, TRM Labs
Isabella Edmonds
Speaker
Government Relations Associate, GeoComply
Eric Lorber
Speaker
Cyber, Risk & Regulatory Consulting Solutions, PwC
Dallas Woodrum
Speaker
Section Chief, Enforcement Division, OFAC
Related Resources

How to Detect and Deter Online Fraud

Still relying on IP Addresses for compliance?