Audio Conferences

  April 23, 2008 at 02:00PM ET

Did you know? OFAC maintains a list of terrorists, drug runners, money launderers, and others identified by the U.S. government with whom no business can be conducted.

Did you know? OFAC is only one of many denied parties lists you need to check. Over 100 federal agencies impose restrictions. International organizations and other countries have their own restricted lists and rules.

Did you know? Every organization no matter how large or small must comply.

Did you know? The penalties for violations can be substantial. Non-compliance has resulted in multi-million dollar fines and hundreds of convictions.

Can your organization afford to make a payment to someone on one of the lists?

Can your Purchasing department afford to sign a contract or issue a purchase order without checking these lists?

What should your human resources, payroll, sales and marketing organizations do?

Join Jon Casher, IOMA’s lead consultant, as he explains the compliance obligations of U.S. entities with payment and other restrictions imposed by the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC), as well as other lists of restricted parties that must be checked.

In just 90 minutes, you’ll:

• Gain insight into your compliance obligations to OFAC
• Understand who the compliance requirements apply to
• Learn the steps your company must take to comply with OFAC
• Learn how large the list is, how frequently it’s updated, and when your compliance begins
• Learn what to do if you find a match in your file with the OFAC list
• Learn how to maintain effectiveness of your OFAC compliance program
• Find out about other laws, rules and regulations and how to comply with them
• Find out how to access the various lists and find out more details about requirements

FEATURED FACULTY

Jon Casher,
President, Casher Associates and Sr. Consultant, IOMA Advisory Services

Jon has worked with hundreds of organizations in the public and private sector providing guidance and assistance in putting appropriate vendor management practices and procedures in place. "Ten Questions to Ask About Vendor Relations", an article by Jon in Directors Monthly, published by the National Association of Corporate Directors in March 1997 helped lead to some of the key provisions of the 2002 Sarbanes-Oxley Act. He has written several other articles and is quoted extensively on this topic in books and business publications. He is a subject matter expert and frequent speaker at conferences and workshop on a broad range of accounts payable and procure-to-pay topics. He has been the head of the audit committee of the Board of Directors of a public company and founder or co-founder of several other firms.