Wednesday, October 19  •  10:30am – 11:30am EST

Register for Webinar
Hear from:

Melissa B. Mannino

Anna Bradshaw
Peters & Peters Solicitors LLP

Sebastiaan Bennink
BenninkAmar (Netherlands)

Join us at a complimentary webinar with top sanctions practitioners from U.S, U.K and Europe.

The session will cover the following topics:

  • Future of Taiwan – There has been increased attention in Taiwan in the media and companies need to monitor the news. In August, the US and Taiwan began formal negotiation on U.S.-Taiwan Initiative on 21st Century Trade. China has increased their military presence in Taiwan. How will this affect your current business in Asia?
  • Implications of the First UK red notice on sanctions evasion issued by NCA and OFSI– The red alert on Russian financial sanctions evasion emphasizes the importance of risk-based due diligence and provides sanctions evasion indicators in practice today. Will this help prevent future sanctions evasion?
  • Designation of Tornado Cash– In August, OFAC sanctioned virtual currency mixer Tornado Cash, which has been used to launder more than $7 billion worth of virtual currency since its creation in 2019. This is the first time OFAC has sanctioned a software code, a technology that up until now has been considered neutral at its core.
  • Rise of Sanctions litigation – Despite the many practical obstacles involved in litigating on behalf of sanctioned parties, the courts will be resorted to for authoritative interpretations of sanctions legislation and for orders directing parties to perform or to excuse performance of contractual obligations. The courts are also the measure of last resort for those who seek to challenge their sanctions designation. We are now starting to see the first cases addressing this year’s explosion of sanctions. What should those contemplating sanctions-related litigation be aware of?

Reproducing the webinar either audio or video is not permitted without prior express written consent of C5 Communications. Speaker permission must be obtained for use of presentation content in news coverage/articles.