7th Annual Canadian Forum on Global Economic Sanctions - DS

Page 1

Jim Mullinax Director of Sanctions Policy and Implementation U.S. Department of State

CanadianInstitute.com/Global-Economic-Sanctions • 1 877 927 7936Register Now Part of C5 Group’s ECONOMIC SANCTIONS GLOBAL SERIES

Chief, Blocked AdministrationAssetsandAnalysis Office of Foreign Assets Control (OFAC) U.S. Department of the Treasury IN-PERSONORLIVESTREAM Key U.S. and Canadian Government Updates From: September 22–23, 2022 | Fairmont Royal York, Toronto, ON SponsorAssociate EARN CREDITSCLE/CPD

Jennifer Graham Deputy SanctionsDirectorPolicy Division Global Affairs Canada

Daniel Ferrante FederalSergeant,Policing Criminal Operations Financial Crime RCMP

Luke MacAulay Civilian Member, Federal Policing Criminal Operations Financial Crime Intelligence Analysis Unit RCMP

7th Annual Canadian Forum on GLOBAL SANCTIONSECONOMIC Benchmark and Network with Leading Financial Institutions and Exporters, Including: ç RBC ç AXA Group ç Pratt & Whitney ç BNP Paribas ç HSBC ç Blackberry ç TD Canada Trust ç CanadaCorporationMitsuiSumitomoBankingBranch Don’t miss the only comprehensive, practical economic sanctions event of its kind in Canada. Join critically important discussions on: ĉ Russia Sanctions Compliance in Real-Life: New and Enduring Compliance Challenges and the Best Practices for the Path Ahead ĉ China: Managing the Expanding Scope and Complexity of Sanctions on China – and China’s Counter-Sanctions ĉ Cuba: The Most Pressing Cuba Sanctions Compliance Dilemmas and How to Resolve Them- The Finer Points of Managing U.S. and Canadian Conflicts of Law ĉ Economic Sanctions and Export Controls: Managing Their Interplay Amid Heightened Compliance and Supply Chain Pressures ĉ Screening and AI: The Latest Know-How for Upgrading Your Multi-Jurisdictional Approach to Screening Join Champagne Roundtables–Industry Specific Compliance Benchmarking!

Alison Cooper

Christopher Caparelli Counsel

Office of Foreign Assets Control (OFAC) U.S. Department of Treasury

Miller & Chevalier Chartered (USA)

Elizabeth Sale Partner

Covington & Burling LLP (USA)

Rie Ishizuka

Deputy SanctionsDirectorPolicy Division

Chief Compliance Officer

SPEAKERS

Rosalind Laruccia

Stephen Nattrass Partner

Director of Sanctions Policy and Implementation

Blakes, Cassels & Graydon LLP

Global Affairs Canada

Orlando Silva Legal DirectorCounsel-Export Controls, Customs, International Trade and Corporate Social Responsibility Matters

Director - Global Economic Sanctions Advisory RBC

Morrison Foerster (USA)

Jennifer Graham

Blackberry

Vince DeRose Partner

Nate Lankford Member

Michel Allen

Torys

CONFERENCE CO-CHAIRS:

Daniel Ferrante

Alison Cooper Chief, Blocked AdministrationAssetsandAnalysis

Global Head of Economic Sanctions

SPEAKERS INCLUDE:

Porter Wright Morris & Arthur LLP (USA)

Sheppard Mullin

AVP Internal Audit, Enterprise Risk & Corp. Functions

Civilian Member, Federal Policing Criminal Operations Financial Crime Intelligence Analysis Unit RCMP

Kim Strosnider Partner

Christopher Swift Partner

Daniel Fombonne

Tereposky & DeRose

Laurentian Bank of Canada

Assistant Vice President, Compliance Sumitomo Mitsui Banking Corporation Canada Branch

Steve Alsace

Holland & Knight LLP (USA)

J. Scott Maberry Partner

Martha Harrison Partner

Andrew McAllister Partner

Jim Mullinax

McMillan LLP

Luke MacAulay

FederalSergeant,Policing Criminal Operations Financial Crime RCMP

Paul Jonathan Saguil

Kenneth Purchase

TD Canada Trust

McCarthy Tétrault LLP

Brandon Van Grack Partner

Jacqueline Shinfield Partner

Clifford Sosnow Partner

Rowan McDaniel

Alesia Nahirny Deputy AML Officer GBM Canada AML Risk Scotiabank

Vice President, Compliance Kinross Gold Corporation

Matthew D. Lapin Partner

RBC

Barbara Linney Partner BakerHostetler LLP (USA)

William Pellerin Partner

Paul M. Lalonde Partner Dentons

Head of Sanctions and Anti-Bribery & Corruption, United States | Financial Crimes Compliance HSBC Bank

Norton Rose Fulbright

Pratt & Whitney

Bennett Jones LLP

Borden Ladner Gervais LLP

GOVERNMENT SPEAKERS:

2 | #CanadaSanctions twitter: @CI_Conferences linkedin: ACI: Economic Sanctions Compliance and Enforcement Exchange

Deputy Head, Global Sanctions Compliance & Anti-Bribery/ Corruption Program

Osler, Hoskin & Harcourt LLP

BNP Paribas

Fasken

Foley & Lardner LLP (USA)

Senior Director Global Trade Requirements Management, Office of the General Counsel

Owais Arshad

(Former Chief of the Foreign Agents Registration Act, U.S. Department of Justice)

Matthew Kronby Partner

U.S. Department of State

Barbara Linney Partner

BakerHostetler LLP (USA)

Sabrina A. Bandali Partner

Martha Harrison Partner McCarthy Tétrault LLP

A Deep Dive into Russia Sanctions: A Multi-Jurisdictional Primer and Compliance Roadmap

• Positioning your program in anticipation of compliance requirements

B

CanadianInstitute.com/Global-Economic-Sanctions • 1 877 927 7936Register Now Part of C5 Group’s ECONOMIC SANCTIONS GLOBAL SERIES

9:00 AM–12:30 PM

1:30–5:00 PM

(In-Person Only) Registration Opens at 1:00 PM

This workshop will provide practical guidance for updating and strengthening your economic sanctions compliance program in response to rapid changes-and anticipated ones. Speakers will also provide real-world takeaways for monitoring the effectiveness of your program and detecting potential weak spots.

• OFAC and Canadian Government compliance expectations

The expert speakers will also take audience members through a series of hypothetical scenarios and case studies.

• Discussing the scope of Canada’s Special Economic Measures Act and its implications on prohibited services

• Where we are and where we are headed: Comparing and contrasting Russia sanctions developments in Canada, the U.S., UK and the EU

Microphone Matthew D. Lapin, Partner, Porter Wright Morris & Arthur LLP (USA)

• Applying the 50% rule in practice

• Compliance missteps that have triggered investigations and penalties-and lessons learned

Microphone Owais Arshad, Director - Global Economic Sanctions Advisory, RBC Clifford Sosnow, Partner, Fasken

• Conducting the appropriate due diligence and screening when dealing with payments from potential sanctioned individuals/entities

• Concrete examples of program upgrades, success stories and lessons learned

• Managing conflicts of law

(In-Person Only) Registration Opens at 8:30 AM

• Industry specific hypothetical exercises on the applications of Russia sanctions

WEDNESDAY, SEPTEMBER 21, 2022

• Best practices for creating an agile program

A

The How-to Guide to Tailoring Your Economic Sanctions Compliance Program to an Ever-Changing Environment

• Dovetailing Canadian, U.S. and international sanctions restrictions

• Evaluating relationships with sanctioned companies operating in Canada

Vince DeRose, Partner, Tereposky & DeRose

• How to implement and manage an effective economic sanctions compliance program in a rapidly evolving landscape

This in-depth workshop will focus on navigating the newly imposed, evolving Russia sanctions. Practitioners from the U.S., UK and EU will provide an in-depth comparison on the various sanctions regimes and their applications.

Topics of discussion will include:

• Risk assessments: How to identify and mitigate the most pressing risk factors

• Mitigating Risks When Conducting Business with Sanctioned Countries/Entities

J. Scott Maberry Partner, Sheppard Mullin

Topics will include:

• Assessing (and re-assessing) your program in response to regulatory changes

WORKSHOPSPRE-CONFERENCE

9:30

moderator: Barbara Linney, Partner, BakerHostetler LLP (USA)

• Determining the extent of enhanced monitoring for certain transactions

Barbara Linney, Partner, BakerHostetler LLP (USA)

Russia Sanctions Compliance in Real Life: Managing the Most Enduring Challenges and the Latest Best Practices for the Path Ahead

The Most Pressing Cuba Sanctions Compliance Dilemmas and How to Resolve Them – The Finer Points of Managing U.S. and Canadian Conflicts of Law

• Resolving the expected (and unexpected) dilemmas in the implementation of sanctions against Russia

• The applications of Canada’s Blocking Order

• Best practices for staying in step with U.S. and Canadian sanctions landscapes from secondary sanctions to trade controls

8:45

2:00

Navigating the Increase of Thematic Sanctions: A Focus on Human Rights from U.S. and Canadian Perspectives

Lisa Lischak, Head of Legal & Compliance, Exertis Group (UK) (Invited)

9:00

10:45

• Identifying and complying with any Canadian permit and OFAC licensing requirements

During this highly anticipated session, speakers will discuss the evolving landscape of thematic sanctions-and the increasing focus on human rights. Topics will include:

Nate Lankford, Member, Miller & Chevalier Chartered (USA)

8:00 Registration & Breakfast

• Discussing varying jurisdictions and the implications of human rights sanctions specific to: North Korea, Syria, China

• More about Canada’s Justice for Victims of Corrupt Foreign Officials Act (JVCFO) and how it differs from the Magnitsky Act

3:00 Networking Break

Microphone Daniel Fombonne, Vice President, Compliance, Kinross Gold Corporation

Global Affairs Canada Keynote Address

• Examining the implications of current blocking statutes for your organization

Co-Chairs’ Opening Remarks

Andrew McAllister, Partner, Holland & Knight LLP (USA)

4 | #CanadaSanctions twitter: @CI_Conferences linkedin: ACI: Economic Sanctions Compliance and Enforcement Exchange

• Leveraging insights on other sanctions measures where U.S. and Canada are starting to diverge or conflict

12:15 Networking Luncheon

• Special considerations for suspending and winding down current operations in Russia

Microphone Martha Harrison, Partner, McCarthy Tétrault LLP

• Clarifying beneficial ownership structures and limits on ownership

Luke MacAulay, Civilian Member, Federal Policing Criminal Operations Financial Crime Intelligence Analysis Unit, RCMP

Matthew Kronby, Partner, BLG

Microphone Sabrina A. Bandali, Partner, Bennett Jones LLP

moderator: William Pellerin, Partner, McMillan LLP

MAIN CONFERENCE DAY ONE

• How industry is re-evaluating prospective JVs and other thirdparty relationships

Microphone Jim Mullinax, Director of Sanctions Policy and Implementation, U.S. Department of State

1:30

• Reviewing the terms of securities, money market instruments, loan and credit agreements

Don’t miss this important discussion on the the divergence between U.S. and Canadian restrictions and how to address conflicts of law. Topics will include:

• A special focus Humanitarian Aid issues with some specific examples from key Geographical regions

11:15

Industry leading experts discuss the complexity of the newly imposed sanctions on Russia and its implications affecting Canadian companies.

Special Remarks from The U.S. Department of State

• Mitigating the risk of dealings with sanctioned Cuban parties/ entities

Microphone Alesia Nahirny, Deputy AML Officer GBM Canada AML Risk, Scotiabank

Microphone Daniel Ferrante, Sergeant, Federal Policing Criminal Operations Financial Crime, RCMP

10:30 Networking Break

THURSDAY, SEPTEMBER 22, 2022

Microphone Jennifer Graham, Deputy Director Sanctions Policy Division, Global Affairs Canada

The RCMP and The Canadian Sanctions Enforcement Landscape

• Best practices for asset tracing

Rowan McDaniel, U.S. Head of Sanctions and AntiBribery and Corruption and interim Americas Head of Sanctions, HSBC (U.S., Canada, and LATAM)

8:458:00

MAIN CONFERENCE DAY TWO

Microphone Martha Harrison, Partner, McCarthy Tétrault LLP

• Re-evaluating potential joint venture, M&A and start-up risks

Champagne Roundtables–Industry Specific Benchmarking & Networking

• A closer look at the Sanctioned Designated Persons List (Military End User List)

4:15

9:30

Former OFAC and U.S. Department of Justice Officials provide special insight into the U.S. Government’s sanctions enforcement posture, priorities and what is on the horizon. The speakers will also provide key takeaways on some of the latest, most impactful enforcement cases and how Canadian industry can mitigate liability risks. Ample time will left for Q&A, so bring your questions-and join this interactive session!

Managing Digital Assets, Wallets & Payments: Navigating the Sanctions Compliance Grey Areas and Implementing Recent Guidance

• The newest ways in which export controls and economic sanctions intersect: Emerging areas of convergence-and how to handle them

Unpacking the Extra-Territorial Reach of U.S. Sanctions: Former U.S. Government Officials Discuss the Evolving Enforcement Risks North of the Border

Participants will select a table and benefit from smaller group discussions on unique, industry specific compliance challenges. Technology & BenchmarkingCross-IndustryTelecom

• Special considerations for your supply chain due diligence and monitoring

• The latest hurdles to tracing and recovering digital assets

• China’s export control law, guidance and the interplay of blocking statutes: Compliance expectations for industry and mitigating the risk of violations

WOMEN IN SANCTIONS NETWORK Breakfast

Martha Harrison, Partner, McCarthy Tétrault LLP

• Special compliance considerations affecting digital wallets, payments and assets

• Navigating requirements pertaining to forced labour

• Red flags to look out for with crypto transactions that could potentially be linked to Russia

9:00

CanadianInstitute.com/Global-Economic-Sanctions • 1 877 927 7936Register Now Part of C5 Group’s ECONOMIC SANCTIONS GLOBAL SERIES 3:15

5:00 End of Conference Day 1

• Navigating heightened export, re-export and sanctions compliance issues pertaining to Russia and China

Banking & AerospaceInsurance&Defence

Microphone Kenneth Purchase , Senior Director Global Trade Requirements Management, Office of the General Counsel, Pratt & Whitney

• How export and economic sanctions agencies are working together and coordinating enforcement efforts

FRIDAY, SEPTEMBER 23, 2022

Experts will dive into a discussion on the intersection of Canadian and U.S. export controls and economic sanctions in current times amid so many recent and anticipated changes. The session will focus on the most pressing issues affecting international trade professionals, including:

• Satisfying U.S. and Canadian export, re-export and sanctions permit/licensing requirements

Managing the Interplay of Export Controls and Economic Sanctions Amid Heightened Compliance and Supply Chain Challenges

Co-Chairs’ Opening Remarks

Microphone Brandon Van Grack, Partner, Morrison Foerster (USA)

Microphone Alison Cooper, Chief, Blocked Assets Administration and Analysis, Office of Foreign Assets Control (OFAC), U.S. Department of the Treasury

Christopher Swift, Partner, Foley & Lardner LLP (USA)

Paul M. Lalonde, Partner, Dentons

10:30 Networking Break

10:45

• Evaluating the future of your operations in China

• Re-assessing your organization’s risk profile

OFAC Keynote Address

Orlando Silva, Legal Counsel, Director - Export Controls, Customs, International Trade and Corporate Social Responsibility Matters, Blackberry

• How to strengthen third party due diligence and monitoring

Microphone Owais Arshad, Director - Global Economic Sanctions Advisory, RBC

Microphone Paul Jonathan Saguil, Deputy Head Global Sanctions Compliance & Anti-Bribery/Corruption Program, TD Canada Trust

Jacqueline Shinfield, Partner, Blakes, Cassels & Graydon LLP

• OFAC Guidance and Canadian Guidelines on crypto payments

Kim Strosnider, Partner, Covington & Burling LLP (USA)

• Potential AML implications of digital payments

Barbara Linney, Partner, BakerHostetler LLP (USA)

• Covering your compliance bases: Incorporating all export controls and sanctions relevant to your export and reexport operations

11:30

• Practical impact of the Unreliable Entity List and the AntiForeign Sanctions Law

• The interplay of the Special Economic Measures Act

• Critical takeaways on Cryptocurrency, NFTs and other Digital Assets

The Expanding Scope and Complexity of Sanctions on China – and China’s Counter-Sanctions: The Newest Compliance Best Practices and Lessons Learned

• Upgrading AML and sanctions monitoring, detection, and escalation capabilities

• Sanctions compliance as part of a broader BSA/AML and risk compliance program.

Microphone Steve Alsace, Global Head of Economic Sanctions, RBC Christopher Caparelli, Counsel, Torys

• Special circumstances to be aware of for Canadian multinationals

• Belarus

Critical Takeaways on the Sanctions Landscape in Other Key Geographies: The Top Emerging Trends to Monitor

• 4:00NicaraguaEnd of Conference

About Us: The C5 Group, comprising American Conference Institute, The Canadian Institute and C5 in Europe, is a leading global events and business intelligence company. For over 30 years, C5 Group has proVided the opportunities that bring together business leaders, professionals and international experts from around the world to learn, meet, network and make the contacts that create the opportunities. Our conferences and related products connect the power of people with the power of information, a powerful combination for business growth and success.

INFO Hotel: Fairmont Royal York Address: 100 Front Street West, Toronto, ON M5J 1E3

VENUE

• Dealing with false positives in your screening activities

Michel Allen, Premier Vice-President/Managing Director, Chief Compliance Officer, Chief Anti-Money Laundering, BNP Paribas

• Iran

Microphone Rie Ishizuka, Assistant Vice President Compliance Sumitomo Mitsui Banking Corporation, Canada Branch

• Assessing beneficial ownership for shell companies and offshore entities

• Updating screening systems and protocols in response to rapidly changing developments, SDN and more list additions/ removals

6 | #CanadaSanctions twitter: @CI_Conferences linkedin: ACI: Economic Sanctions Compliance and Enforcement Exchange  Join Our Email List to Stay Connected SIGN UP TO RECEIVE EXCLUSIVE DISCOUNTS, OFFERS AND PROGRAM UPDATES CanadianInstitute.com/elist/ 12:15 Networking Luncheon

• Determining if client and payment screening platforms are adequately detecting risk

Elizabeth Sale, Partner, Osler, Hoskin & Harcourt LLP

• Strengthening your risk-based approach: Canadian and OFAC sanctions and FinCEN BSA/AML compliance

• Evolution of screening technology and implications for the future of compliance

• Positioning your AML and sanctions compliance program to incorporate additional sanctions and potential secondary sanctions

• Venezuela

Managing the Convergence of AML & Sanctions Compliance: Best Practices for Third Party Due Diligence and KYC

During this practical session, hear real-world insights on how to leverage compliance resources and broader risk management for effective due diligence and KYC.

• When to screen across products and across legal entities

Stephen Nattrass, Partner, Norton Rose Fulbright

1:30 SCREENING AND AI Upgrading Your Multi-Jurisdictional Approach to Screening: The Interplay between Canadian, UK, EU and U.S. Lists

• Implementing heightened customer due diligence from the sanctions and AML standpoints

This closing session will discuss a rapid overview of other top notable Geographies today to not lose sight of and a prediction of what’s to come.

2:30

• How to pivot when screening from one jurisdiction to another

Microphone Rosalind Laruccia, AVP Internal Audit, Enterprise Risk & Corp. Functions, Laurentian Bank of Canada

Jurisdictions to be discussed include:

• Extent of required screening and what has fallen short

• Impact of the Russia-Ukraine war on existing AML and economic sanctions compliance resources and systems

3:15

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Link to COVID-19 symptoms: https://www.cdc.gov/coronavirus/2019-ncov/symptoms-testing/symptoms.html

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C5’s All Secure Safety Plan

y Have not had close contact with any person with or suspected of having COVID-19 within the last 10 days.

Attendance Screening

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This 2-day conference program can be applied towards the 9 substantive Continuing Professional Development (CPD) hours as required by the Law Society of Ontario. Members will also receive an additional 3 substantive hours for attending pre-conference Workshop A and 3 substantive hours for attending pre-conference Workshop B.

Brian Currie, The Canadian Institute 877B.Currie@CanadianInstitute.com9270718x7370 Use Registration Code: B00-999-BCE23   Yanette Ching, The Canadian Institute 877Y.Ching@CanadianInstitute.com9270718x5499 Use Registration Code: B00-999-YCG23  Looking to Register? Contact our Customer Service Representatives: REGISTRATIONS CONFERENCE CODE: 418L23-TOR © Canadian Institute, 2022 All program participants will receive an online link to access the conference materials as part of their registration fee. Additional copies of the Conference Materials available for $199 per copy. Register & Pay after September 22, 2022 Register & Pay by July 29, 2022 Bringing a Team? 3-4 10% Conference Discount* 5-6 15% Conference Discount 7 20% Conference Discount 8+ Call 1-877-927-7936 To update your contact information and preferences, please visit *Team/groupTermshttps://www.CanadianInstitute.com/preference-center/.&conditionsandrefund/cancellationpoliciescanbefoundatCanadianInstitute.com/company/faq/registrationsmustbefromthesameorganization/ firm and register together in one transaction. Workshop A — A Deep Dive into Russia Sanctions: A Multi-Jurisdictional Primer and Compliance Roadmap In-Person LivestreamConferenceConferencePRE-CONFERENCEWORKSHOPSWorkshopB—TheHow-toGuide to Tailoring Your Economic Sanctions Compliance Program to an Ever-Changing Environment $1995 CAD $1795 CAD $600 CAD $600 CAD $2195 CAD $1995 CAD *APPLICABLE TAXES WILL BE ADDED TO ALL REGISTRATIONS

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