Julie Myers Wood, Chief Executive Officer, Guidepost Solutions LLC to Speak at TKG's New OFAC Cyber-Related Sanctions
Julie Myers Wood, Chief Executive Officer, Guidepost Solutions LLC to Speak at the Knowledge Group's Opportunities and Legal Risks in the New OFAC Cyber-Related Sanctions Regulation
New York, April 7, 2016 (Newswire.com) - The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Julie Myers Wood, Chief Executive Officer, Guidepost Solutions LLC will speak at the Knowledge Group’s webcast entitled: “Opportunities and Legal Risks in the New OFAC Cyber-Related Sanctions Regulations Explored.” This event is scheduled for April 25, 2016 @ 10:00 AM to 12:00 PM (ET).
For further details, please visit: https://theknowledgegroup.org/all-events-list/live-webcasts/event-homepage/?event_id=1779
About Julie Myers Wood
Julie Myers Wood is the chief executive officer of Guidepost Solutions, a leading investigative and compliance consulting firm. She joined the firm in 2012, as president of its Compliance, Federal Practice and Software Solutions division. Prior to joining Guidepost Solutions, Ms. Wood was the former founder and president of ICS Consulting, LLC, a firm specializing in compliance, risk assessments, immigration and customs investigations. Guidepost Solutions acquired ICS Consulting in September 2012.
Ms. Wood focuses on regulatory compliance and investigative work. Most recently, she supervised a comprehensive technology review and assessment of the Office of Foreign Assets Control (OFAC) and anti-money laundering (AML) capabilities for a global bank, overseeing the implementation of data analytics capability to detect anomalies in AML and OFAC screening, as well as USD clearing for correspondent banks. Ms. Wood managed a team reviewing the AML and sanctions rules/wraps, internal software platform, investigator training and alert closure, and procedures/policies. In this role, she worked closely with New York regulators.
Prior to joining the private sector, Ms. Wood served as Head of Immigration and Customs Enforcement for the Department of Homeland Security (DHS) leading its largest investigative component and the second largest investigative agency in the federal government. She oversaw the agency’s wide variety of AML and trade compliance (OFAC, EAR, ITAR) investigations and private sector compliance programs, testified about best practices and investigations, and enforced the Export Administration Act and related export control regulations. Ms. Wood’s previous leadership positions in the federal government include Assistant Secretary for Export Enforcement at the Department of Commerce and Chief of Staff for the Criminal Division at the Department of Justice. She also served as Deputy Assistant Secretary (Money Laundering and Financial Crimes) at the Treasury Department, where she helped draft regulations relating to Title III of the Patriot Act, coordinated the U.S. government’s national report/strategy on money laundering, and oversaw Treasury Enforcement activities relating to OFAC. Ms. Wood served as an Assistant U.S. Attorney for the Eastern District of New York, where she prosecuted criminal cases including financial crimes, securities fraud, and other white-collar criminal cases.
About Guidepost Solutions LLC
In a world where change is certain, experience is the best protection. Guidepost Solutions offers global investigations, compliance and monitoring, and security and technology consulting solutions for clients in a wide range of industries. Our expert team provides leadership and strategic guidance to address critical client needs across the globe. With headquarters in New York, Guidepost Solutions maintains offices in key markets including Chicago; Dallas; Honolulu; London; Los Angeles; Oakland; Palm Beach; Sacramento; San Francisco; Seattle; Singapore; and Washington, D.C., and has resources across the globe. Experience guides us. Solutions define us. For more information, please visit www.guidepostsolutions.com.
Event Synopsis:
Following the cyberattack on the Office of Personnel Management that had caused significant loss of corporate intellectual property, the Department of the Treasury's Office of Foreign Assets Control (OFAC) has released new cyber-related sanctions regulations that will implement Executive Order 13694 (Blocking the Property of Certain Persons Engaging in Significant Malicious Cyber-Related Activities) last December 31, 2015.
E.O. 13694 prohibits transactions involving individuals and entities that are assigned as Specially Designated Nationals (SDNs). Such parties are engaged in cyber-enabled activities that were identified as malicious in nature.
Neither E.O. 13694 nor the new regulations clearly define what constitutes “cyber-enabled” activities. However, FAQs on OFAC’s website indicate that “such activities include deliberate activities accomplished through unauthorized access to a computer system, including by remote access; circumventing one or more protection measures, including by bypassing a firewall; or compromising the security of hardware or software in the supply chain.”
In this two-hour LIVE Webcast, a panel of key thought leaders and professionals assembled by The Knowledge Group will help the audience understand the significant issues with respect to the Opportunities and Legal Risks in the New OFAC Cyber-Related Sanctions. Speakers will also provide the audience with helpful insights and up-to-the-minute regulatory developments to ensure compliance with applicable laws.
Key topics include:
§ New Cyber-Related Sanctions Regulations - An Update
§ Identifying Significant Malicious Cyber-Enabled Activities
§ Restrictions and Covenants
§ Two Categories of Individuals or Entities
§ Specially Designated Nationals List (“SDN List”)
§ Recent Regulatory Updates
About The Knowledge Group/The Knowledge Congress Live Webcast Series
The Knowledge Group was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register for an event, please visit: http://theknowledgegroup.org/
