Our thanks to Kharon for delivering a Sanction Risk Seminar at the University of Gibraltar and to Gibraltar Financial Intelligence Unit for making the arrangements. Thanks also to U.S. Department of State for providing the funding and Nigel Feetham KC MP for providing Ministerial support by HM Government of Gibraltar in the ongoing challenge of educating and understanding our industry in the fight against financial crime. #ThinkGibraltar Gibraltar Finance Centre Council #sanctions Financial Action Task Force (FATF) Royal Gibraltar Police #AML #CFT Freya Page @Alberto B. Gibraltar Financial Services Commission GACO Gibraltar Association of Compliance Officers Edgar Lopez Carl Ramagge Annette Perales
This week private and public sector professionals working in #AML #CFT attended a Sanctions Risk Seminar at the University of Gibraltar, delivered by Kharon, a data and technology firm that helps leading organisations identify a wide range of sanctions and compliance risks. Organised by the Gibraltar Financial Intelligence Unit and funded by the U.S. Department of State – Bureau of International Security and Non-Proliferation, the event provided valuable insights into #sanctions #compliance and proliferation investigations. The one-day event which was structured as a workshop, also highlighted the use of open-source intelligence (#OSINT) techniques to uncover sanctions evasion tactics and support investigations. Attendees explored case studies to better understand the complexities of sanctions legislation and frameworks, with a particular focus on #UK, #EU, and #US regulatory regimes. These case studies illustrated how OSINT tools can enhance due diligence, detect hidden connections, and identify enforcement opportunities in a rapidly evolving environment. Opening the event, the Minister for Justice, Nigel Feetham KC MP, stated: “Sanctions compliance is at the forefront of Gibraltar’s commitment to upholding international standards in combating financial crime. Events like this ensure that our professionals remain equipped with the knowledge and understand the tools and technologies available to navigate sanctions effectively. My Ministry is very grateful for the opportunity provided by Kharon specialists, the US State Department, and the #GFIU’s proactive approach in ensuring that Gibraltar’s finance centre is kept abreast of the latest sanctions developments.” Thanks to Freya Page and Alberto B. for a very engaging session!
