Mon Jun 15 BST (over 1 year ago)
In your timezone (EST): Mon Jun 15 3:30am - Mon Jun 15 12:00pm
Increased globalisation has led to unparalleled opportunities for businesses, but it has also given rise to a host of headaches, not least in relation to keeping up with sanctions compliance. The US sanctions regime is constantly evolving, at times somewhat erratically, and the extra-territorial reach means that the effect is felt globally.
The UK Government has promised to introduce a new British sanctions regime, partly to counteract fears that concern for human rights might be lost in a post-Brexit quest for new business and trading partners.
In addition, companies with a presence in Europe have to face the consequences of the expected divergence between the UK and EU sanctions regimes. Many believe that the UK will gravitate towards the US stance on sanctions. Meanwhile, the EU, without the UK driving its sanctions policies, is likely to develop a much softer stance.
It is against this backdrop that City & Financial is holding the 2020 Sanctions Regulation and Compliance Summit. This event is firmly established in the sanctions calendar and this year will address the many new challenges which the Trump administration and Brexit brings.
Issues to be covered include:
• The UK and US current and future sanctions priorities
• OFSI’s enforcement strategy and the consequences of failure to comply with UK sanctions
• Dealing with increasingly complex reporting requirements including navigating the minefield of voluntary disclosure
• The Iranian regime and dealing with the extra-territorial effects of secondary sanctions
• Emerging threats from individuals including terrorism and cyber attacks
• Overcoming the regulatory challenges of ensuring consistent monitoring of sanctions compliance along with financial crime and AML surveillance techniques
Who should attend?
Senior management and executives concerned with sanctions and export control policy within corporate exporters and financial institutions including senior sanctions, export control and compliance management; in-house counsel; risk managers; financial crime and sanctions analysts; MLROs, and heads of Government relations. It will also be of interest to public officials, lawyers and accountants.
Head of Sanctions, UK and EMEA, Credit Suisse
Director for Multilateral Policy and Head of Sanctions, Foreign and Commonwealth Office
Deputy Director, Office of Financial Sanctions Implementation (OFSI)