Conference Co-Chair Opening Remarks

Hera Smith
Principal Compliance Officer
Danske Bank (Denmark)

Michael Zolandz
Partner
Dentons (USA)

Global Trends:

Unravelling the Impact of the Expanding Reach of Sanctions and Tightened Sanctions Restrictions on Your Business

Jonathan Burke
Chief Sanctions Officer, EMEA
Citibank N.A. (UK)

John E. Smith
Partner
Morrison & Foerster LLP
Former Director, Office of Foreign Assets Controls, U.S. Department of the Treasury

Bliss Khaw
Principal
Control Risks

• Implications of Increased use of the entity list
• More focus on human rights
• New compliance expectations for non-US companies
• Heightened lens on multiple industries
• Implications of US-China trade wars in Europe

FOCUS ON THE UK

Deciphering How UK Sanctions Will Differ from EU Sanctions After Brexit?

Maya Lester

Brick Court Chambers (UK)

Lisa Maguire
Head of Sanctions Unit
Foreign, Commonwealth & Development Office

Roger Matthews
Partner
Dentons (UK)

Giles Thomson
Director
Office for Financial Sanctions Implementation
HM Treasury

• Sanctions and Anti-Money Laundering Act 2018 (SAMLA) vs. EU regulations: how much divergence will there be?
• EU / UK sanctions and the need for guidance: will UK sanctions and OFSI guidance impact compliance in the EU?
• Unraveling the definitions and meanings of ownership/control
• Broader definitions of “financial services” and “brokering services”
• Enforcement trends: will OFSI become more like OFAC or EU Commission?

1:1 Networking

Break

Russia Sanctions:

Key Strategies to Navigate the Widening Gap Between US and EU Sanctions Restrictions

Richard Dunmall
EMEA Head of Sanctions
Sumitomo Mitsui Banking Corporation (UK)

Oliver Bodmer
Senior Product Manager
Six Financial Information

Charles Claypoole
Partner
Latham & Watkins

• Current energy related sanctions activities including Nord Stream 2/Turk Stream
• Implications of Russia issuing counter sanctions
• Recent cyber and election related sanctions in the US
• EU/UK Sanctions for Navalny poisoning

Compliance Best Practices:

Upping Your Compliance Process to Determine the Correct Level of Due Diligence Necessary to Monitor Your Subsidiaries

Hera Smith
Principal Compliance Officer
Danske Bank (Denmark)

Jim Huish
Managing Director, Forensic & Litigation Consulting, Export Controls and Sanctions
FTI Consulting (UK)

• What to do when your subsidiary does not prioritize sanctions
• How to get buy-in from your subsidiaries
• Lessons learned from Berkshire Hathaway $4.1 million penalty because of the conduct of its subsidiary IMC
• Added complexities in a remote environment

OFAC Alumni Panel:

How OFAC Determines Ownership and Control

Jeanette Miller
U.S. Head of Sanctions Regulatory Response & Development
HSBC (USA)
Former Deputy Assistant Director for Licensing, Office of Foreign Assets Control

Corey Phelps
SVP- Compliance Officer
Citi

Bring your questions for this interactive session with former OFAC officials. Learn more about how international regulators work together on global enforcement investigations.

End of Day One

Bonus Session

Brexit: Life after the Transition Period – Practical Implications

Jim Huish
Managing Director, Forensic & Litigation Consulting, Export Controls and Sanctions
FTI Consulting (UK)

Aline Doussin
Partner
Hogan Lovells

Conference Co-Chair Opening Remarks

Hera Smith
Principal Compliance Officer
Danske Bank (Denmark)

Michael Zolandz
Partner
Dentons (USA)

Regulatory Guidance:

Insight into Recent Penalties, Enforcement Trends and What to Expect in 2021

Daniel Cariello
Senior Compliance Officer
Office of Foreign Assets Control, U.S. Department of the Treasury (USA)

Michael Zolandz
Partner
Dentons (USA)

• How agencies work together on global investigations
• Importance of comprehensive M & A due diligence, more sanctions training and compliance audits
• Heightened requirement to know your suppliers
• Continued focus on non-financial sector

Post Election Predictions:

How Will the New Biden Administration Address Foreign Policy and the Future Use of Economic Sanctions

Marco Piredda
Head of Political Scenarios and Institutional Support for Business Development
Eni (Italy)

Neil Whiley
Director, Sanctions
UK Finance (UK)

Brian Wilson
Managing Director, Global Head of Sanctions Compliance
UBS

• Estimated timetable for new players and key agencies to be in place
• Expected recap of Obama administration policies
• Predictions for first 6 months
• Implications for non-US organizations
  

1:1 Networking

Break

Practical Guidance on Sanctions Compliance in Your Business Transactions

Henry Smith
Partner
Control Risks

Sean Seelinger
Counsel
Ropes & Gray LLP (UK)

• Practical guidance and case studies on sanctions risk assessments, due diligence and post-close remediation measures
• How buyers can identify and preempt sanctions exposure in the early stages of the deal
• Ensuring that sellers honour compliance commitments

Focus on China/Hong Kong:

How Banks and Exporters Navigate the Changing Landscape and New Sanctions Guidance

Katrin Arend
Deputy Global Head of Sanctions
Deutsche Bank (Germany)

Martin Vogt
Global Head of Sanctions
Deutsche Bank (Germany)

Julie Cooper
International Trade Compliance Manager
Spectris plc

• Sanction expectations after Hong Kong Autonomy Act
• Impact of Xinjiang supply chain business advisory and how to minimize sanctions risk in your supply chain
• Next steps for financial and non-financial institutions
• Key developments in China Export Controls and China Unreliable List

Secondary Sanctions:

Staying Ahead of the Increasing Use on Secondary Sanctions for Non-US Persons

Konstantinos Michalopoulos
Senior Compliance Officer KYC/AML/CFT Sanctions & Embargoes
MYTILINEOS S.A. (Greece)

Colin Butler
Head of Sanctions for EMEA/Regional Sanctions Compliance Officer
Credit Suisse (UK)

• Many designations are in Iran, China, and Syria
• Common targets are due to corruption, democracy, counter terrorism and human rights targets
• OFAC is using designation authorities set in statutes like CAATSA, Caesar Act and North Korea Sanctions and Policy Enhancement Act
• Is this tool being overused?

End of Day Two

Conference Co-Chair Opening Remarks

Hera Smith
Principal Compliance Officer
Danske Bank (Denmark)

Michael Zolandz
Partner
Dentons (USA)

In-House Panel:

How to Strengthen Compliance within Your Competing Corporate Priorities

Adela Deaconu
Director Group Export Controls, Group Legal Compliance
Philips Group Legal, Philips International (Netherlands)

Michelle Perrin-Steinberg
Lead Senior Legal Counsel, Export Control and Sanctions
SAP (USA)

Doreen M. Edelman
Partner
Lowenstein Sandler LLP

• Tips to win approval for additional compliance budgets
• Tools to leverage technology for training and screening
• Is your team centralized or decentralized?
• Determining when to escalate

Screening 2.0:

New Tools to Meet Regulator Expectations

Adam Veck
Master Expert-Sanctions Screening
Nordea (Denmark)

• How to manage false positive
• Innovations in technology to help
• New players and compliance tools in the sanctions market
• Real World Scenarios on Overcoming Obstacles Frequently Encountered
  • Vessel, Cargo and Aircraft Screening
  • Suppliers, Partners and Customers
  • Changes in Payment Landscape

Human Rights/Magnitsky: Current Status of New Legislation in Europe

Anna Bradshaw
Partner
Peters & Peters Solicitors LLP

Human Rights/Magnitsky: Current Status of New Legislation in Europe

• What are the legal parameters?
• What is the EU’s policy on future designations?
• Compliance considerations
• Challenging EU human rights designations
• Interplay with other global human rights sanctions regimes
• Interplay with financial crime legislation
• How does the UK regime differ from the EU regime?

1:1 Networking

Networking Break

Iran Sanctions:

New Developments: Will Your Company Be Able to Conduct Business in Iran?

Sebastiaan Bennink
Advocaat
BenninkAmar (Netherlands)

Erich C. Ferrari
Principal Attorney
Ferrari & Associates (USA)

• EU report on the state of play of EU-Iran relations
• Future of the JCPOA with Biden
• Meeting current challenges with the blocking statute
• Will this be a priority in 2021?

Emerging Sanctions Areas to Watch:

Cuba, Turkey, Venezuela, and North Korea

Lloyd Meadows
Senior Sanctions Advisor
Standard Chartered Bank (UK)

Nancy Fischer
Partner
Pillsbury Winthrop Shaw Pittman LLP (USA)

• Venezuela: diplomacy and next steps
• Determining strategies to monitor emerging developments
• Cuba: Will people to people travel open up
• Turkey: Will EU issue more sanctions
• North Korea: What to expect in the coming months

End of Conference