Webinar: OFAC Exam Preparation: New Record Retention Rules & Third-Party Verification
October 24, 2025 3:00 pm - 4:30 pm
Do you have an OFAC exam on the horizon?
Regulators are zeroing in on the new record retention rules. Are you in compliance? Do you use a third-party vendor to manage your OFAC program? Are they in compliance? Join this timely offering to get the skinny on third-party verification procedures and how to have a successful exam.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Assess the impact of the new 10-year record retention rule
- Review third-party updates and the effect of vendor management on your OFAC exam
- Determine who should be reviewed for OFAC matches — accountholders, non-accountholders, vendors, and others
- Conduct a compliance review of your program
- Check the four pillars to see if your risk assessment is appropriate for your program
- Introduce training and sanction searches through OFAC
- Update recordkeeping and match procedures
WEBINAR DETAILS
New record retention rules introduced in March 2025 are bringing examiner focus to OFAC programs. These new recordkeeping rules laser focus regulators on the documents and records that should be kept. What due diligence is required if a third-party vendor is managing your OFAC program? Who should be checked for OFAC? How often should OFAC lists be reviewed? What if there is a match? These issues as well as recordkeeping and third-party vendor management will be a part of the 2025-2026 examination landscape. Learn more during this program.
WHO SHOULD ATTEND?
This informative session is designed for auditors, OFAC officers, BSA staff, compliance professionals, deposit operations personnel, and third-party relationship managers.
TAKE-AWAY TOOLKIT
- Audit worksheet and third-party verification procedures
- Employee training log
- Interactive quiz
- PDF of slides and speaker’s contact info for follow-up questions
- Attendance certificate provided to self-report CE credits
Speaker: Deborah L. Crawford, Gettechnical Inc.
Deborah Crawford is the President of Gettechnical Inc., a Florida-based firm specializing in the education of financial institutions across the nation. Her 30+ years of experience began at Hibernia National Bank in New Orleans. She graduated from Louisiana State University with both her bachelor’s and master’s degrees. Debbie specializes in the education of financial institution employees and officers in the areas of deposit account laws, new account documentation, insurance, complex compliance regulations, and IRAs.