During this morning workshop, our esteemed subject-matter experts will deliver a thorough and detailed examination of EU, UK, and U.S. sanctions pertaining to Russia. The discussion will center on the myriad requirements, intricacies, and continually evolving nature of Russia sanctions. Special attention will be given to the evolution of sanctions compliance, along with insights into future developments. Attendees will acquire a solid compliance foundation and key insights to prepare them for the main conference discussions:

• Dissecting the guidelines under the EU’s newly implemented 12th package of sanctions
• Contrasting the key differences between EU, UK, and U.S. sanctions rules with regard to winding down Russian operations
• Addressing prevalence of ship-to-ship transfers as a tool of sanctions evasion, and the increased due diligence around the use of EU ports
• Identifying how to implement these rules in practice when you don’t know where a product originates
  • The import restrictions for steel produced in countries with Russian origin
  • What kind of evidence should be provided to customs authority
  • What is the eve of due diligence required by importers?
• Analysing recent OFAC and OFSI developments—and their real-life impact on business operations, compliance, screening and risk assessments
• Identifying practical examples including sectoral sanctions, stripping, secondary sanctions and voluntary self-disclosure