Export Compliance & Regulations Webinar 3

Bank Instruments Embargo & Blacklists FCIB Webinar

General Information

Cost: Members: $95
Non-Members: $195

Registration Includes: One telephone and web connection at one physical location

Time

Europe: 5:00pm CET, 4:00pm GMT,
US: 11:00am ET, 10:00am CT, 9:00am MT, 8:00am PT

About the Webinar

Export Compliance & Regulations

In this new series, Fred Dons, Director at Deutsche Bank Amsterdam, will cover everything today’s credit professional needs to know to stay on top of the fast-changing regulatory landscape, keeping their company – and bottom line – protected.  Each session includes an in-depth case study, making the information directly applicable.

Registration is available as a 4 session package or for each individual session:

17 March OFAC, UN & EU Embargos
22 March Dual Use Goods
19 April Bank instruments Embargo, Blacklists
10 May FATCA (Foreign Account Tax Compliance Act) & Trade Based Money Laundering

Keeping pace with export compliance requirements is an ongoing and time consuming challenge; regulations and restricted or denied party lists are constantly changing as are export documentations rules and formats in every country. Corporate compliance is a critical aspect of credit management and the failure to strictly comply with rules and regulations lead to major difficulties in collecting accounts receivable – which increase DSO and place a strain on working capital. Credit departments must have the knowledge and tools to successfully navigate the choppy international waters of export compliance.

Highlights of each session:

Bank Instruments Embargo & Blacklists on April 19

This module will deal with the following issues:

- When are the trade instruments subject to which embargo rule (OFAC, UN, EU, other)?
- What other checks are being done and how does this potentially impact your business?
- What does a credit professional need to verify before presenting documents to a bank?
- Case study

About the Instructor

Fred Dons is a Director at Deutsche Bank (DB) Amsterdam, having worked in trade finance for more than 25 years. Fred currently heads the Trade Finance Commodity team at DB Amsterdam. Fred started in trade finance operations in 1989 with AMRO Bank before moving to Deutsche Bank for the first time in 1991. In 1994, Fred and two colleagues started the trade finance sales department at DB Amsterdam where he remained until 2002. In 2003, Fred became Head of Trade Finance Operations for DB Amsterdam and, in 2004, became Head of the European Document Check Team at ABN AMRO before returning to DB Amsterdam in 2006, to serve as the senior sales manager of trade finance. In 2010, he became head of trade finance for large cap sales.

Handouts | Evaluation