European Summit on Economic Sanctions Risk & Compliance

Page 1

EXPLORE THE NEW VIRTUAL EXPERIENCE FOR 2021 No Need to Travel. Connect with Your Peers Virtually.

February 22–24, 2021 (GMT) | Virtual Conference

EARN CLE/CPD CREDITS

European Summit on

ECONOMIC SANCTIONS RISK & COMPLIANCE Practical Guidance to Staying Compliant with Multiple Regimes Hear from Senior Government Officials: Daniel Cariello Senior Compliance Officer Office of Foreign Assets Control U.S. Department of the Treasury Lisa Maguire Head of Sanctions Unit Foreign, Commonwealth & Development Office (UK) Giles Thomson Director, Office for Financial Sanctions Implementation HM Treasury

Stay Current with the Latest Developments: Angle-Right

Russia: Navigating the Widening Gap Between US and EU Sanctions Restrictions

Angle-Right

U.S.: How Will the Biden Administration Approach U.S. Foreign Policy?

Angle-Right

UK: Deciphering How UK Sanctions Will Differ After Brexit?

Angle-Right

China: How to Prepare for Difficult Business Decisions When Working with Chinese Banks and Other Chinese Companies

Angle-Right Discuss Compliance Hot Topics in Convenient 3 Half Day Format Angle-Right OFAC Alumni Panel: How Different Agencies Work Together on Investigations

Benchmark with Global Speakers from: • Citibank • Credit Suisse • Danske Bank • Deutsche Bank • Eni

• HSBC • Mytilineos S.A. • Nordea Danmark • Phillips • SAP

• Spectris • Standard Chartered Bank • Sumitomo Mitsui Banking Corporation • UBS

C5-Online.com/SanctionsEurope • +44 20 4532 2313

Supporting Sponsors:

REGISTER NOW

Associate Sponsors:

Part of C5 Group’s ECONOMIC SANCTIONS GLOBAL SERIES


Top Reasons to Attend This European Forum Angle-Right LISTEN to in-house compliance professionals discuss current priorities Angle-Right HEAR senior government officials share enforcement trends for 2021 Angle-Right ENSURE you are up to date on the new UK Sanctions landscape

quote-left Standard Chartered Fined for Violating Russia Sanctions quote-right WSJ March 2020

ent for . Inc , with Generali Global Assistance Assets Apparent Violations of the Cuban Control Regulations quote-right tlem quote-left OFAC Enters $5,864,860 Set

OFAC, October 2020

Angle-Right OBTAIN helpful tips on compliance best practices Angle-Right PARTICIPATE in interactive sessions on screening Angle-Right JOIN country specific dedicated sessions on Iran, Russia, and China

quote-left EU imposes sanc tions on

6 Russian officials over Na valny

quote-right

Financial Times Octobe

r 2020

Benefits of a Virtual Conference: Check Conveniently scheduled over 3 half days Check Easy access from your home office Check Opportunity for face-to-face networking

Check “Off the record” conversations with your peers

quote-left UK to Consider sanctions against China for breaching Hong Kong Treaty quote-right Reuters November 2020

Check 15 hours of dedicated sanctions guidance

Reimagining the Way We Deliver Conferences

late:

to iso quote-left “Iran Sanctions”: US moves “Major” Banks” quote-right

BBC October 2020

Our virtual conferences are the same conferences you have come to expect in person but transformed to a virtual format. The new virtual conference delivers the same access to a community of industry leaders we have spent decades building and nurturing. We invite you to be part of this community.

Immerse yourself in live presentations, panel discussions and benchmarking opportunities. Engage in meaningful dialogue with attendees and speakers in an interactive format.

quote-left Biden Faces Choic e on Trump’s Economic Sanctions quote-right

Expand your global network.

2 | #EconomicSanctions

twitter: @ C5_Finance ACI_IntTrade

linkedin: International Trade Compliance Experts: Networking Group ACI Economic Sanctions Compliance and Enforcement Exchange

WSJ, November 2020


Distinguished Speaker Faculty: Katrin Arend Deputy Global Head of Sanctions Deutsche Bank Sebastiaan Bennink Advocaat BenninkAmar Oliver Bodmer Senior Product Manager Six Financial Information Anna Bradshaw Partner Peters & Peters Solicitors LLP Jonathan Burke Chief Sanctions Officer, EMEA Citibank N.A. Colin Butler Head of Sanctions for EMEA/ Regional Sanctions Compliance Officer Credit Suisse Daniel Cariello Senior Compliance Officer Office of Foreign Assets Control, U.S. Department of the Treasury Charles Claypoole Partner Latham & Watkins Julie Cooper International Trade Compliance Manager Spectris plc Adela Deaconu Director Group Export Controls Philips Aline Doussin Partner Hogan Lovells Richard Dunmall EMEA Head of Sanctions Sumitomo Mitsui Banking Corporation

Doreen M. Edelman Partner Lowenstein Sandler LLP Erich C. Ferrari Principal Attorney Ferrari & Associates Nancy Fischer Partner Pillsbury Winthrop Shaw Pittman LLP Jim Huish Managing Director, Forensic & Litigation Consulting, Export Controls and Sanctions FTI Consulting Bliss Khaw Principal Control Risks Maya Lester Brick Court Chambers Lisa Maguire Head of Sanctions Unit Foreign, Commonwealth & Development Office (UK) Roger Matthews Partner Dentons (UK) Lloyd Meadows Senior Sanctions Advisor Standard Chartered Bank Konstantinos Michalopoulos Senior Compliance Officer KYC/AML/CFT Sanctions & Embargoes Mytilineos S.A. Jeanette Miller U.S. Head of Sanctions Regulatory Response & Development HSBC

C5-Online.com/SanctionsEurope • +44 20 4532 2313

REGISTER NOW

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

Corey Phelps SVP – Compliance Officer Citi

\ Global Financial Institutions

Marco Piredda Head of Political Scenarios and Institutional Support for Business Development Eni Sean Seelinger Counsel Ropes & Gray LLP Henry Smith Partner Control Risks Hera Smith Principal Compliance Officer Danske Bank John E. Smith Partner Morrison & Foerster LLP Giles Thomson Director, Office for Financial Sanctions Implementation HM Treasury Adam Veck Master Expert – Sanctions Screening Nordea Martin Vogt Global Head of Sanctions Deutsche Bank Neil Whiley Director, Sanctions UK Finance

Who Will you Meet? - Sanctions Compliance and Enforcement - OFAC Compliance - Financial Crime/AML/Terrorist Financing - Trade Finance - Transactions Screening/Monitoring - Group Audit - Risk Management/Integrity - KYC/CDD/Onboarding \ Multinational Corporations - Chief Compliance Officers - General Counsel/Legal Counsel - Sanctions and Trade Compliance - Export Controls - Risk Management - Group Audit \ Law Firms/Consultants - International Trade - Export Controls - Financial Crime

Media Partners:

Brian Wilson Managing Director, Global Head of Sanctions Compliance UBS Michael Zolandz Partner Dentons Part of C5 Group’s ECONOMIC SANCTIONS GLOBAL SERIES


Monday, February 22, 2021 (GMT) 1:00

3:25 Break

Conference Co-Chairs Opening Remarks microphone-alt

3:45 RUSSIA SANCTIONS

Hera Smith, Principal Compliance Officer, Danske Bank

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

Michael Zolandz, Partner, Dentons 1:15

microphone-alt

GLOBAL TRENDS

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

Richard Dunmall, EMEA Head of Sanctions, Sumitomo Mitsui Banking Corporation (UK) Oliver Bodmer, Senior Product Manager, Six Financial Information (Switzerland) Charles Claypoole, Partner, Latham & Watkins

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

• Current energy related sanctions activities including Nord Stream 2/Turk Stream

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

• Implications of Russia issuing counter sanctions

Bliss Khaw, Principal, Control Risks (USA)

• EU/UK Sanctions for Navalny poisoning

• Implications of Increased use of the entity list

• Recent cyber and election related sanctions in the US

4:45 COMPLIANCE BEST PRACTICES

• More focus on human rights

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

• New compliance expectations for non-US companies • Heightened lens on multiple industries • Implications of US-China trade wars in Europe

microphone-alt

Hera U. Smith, Principal Compliance Officer, Sanction & Embargo, Group Compliance, Danske Bank (Denmark)

2:00 FOCUS ON THE UK

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

How UK Sanctions Will Differ from EU Sanctions microphone-alt

• What to do when your subsidiary does not prioritize sanctions

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

• How to get buy-in from your subsidiaries

Maya Lester QC, Brick Court Chambers (UK)

• Lessons learned from Berkshire Hathaway $4.1 million penalty because of the conduct of its subsidiary IMC

Roger Matthews, Partner, Dentons (UK)

• Added complexities in a remote environment

Giles Thomson, Director, Office for Financial Sanctions Implementation, HM Treasury

5:15 OFAC ALUMNI PANEL

• Sanctions and Anti-Money Laundering Act 2018 (SAMLA) vs. EU regulations: how much divergence will there be?

How OFAC Determines Ownership and Control

• EU / UK sanctions and the need for guidance: will UK sanctions and OFSI guidance impact compliance in the EU?

microphone-alt Jeanette Miller, U.S. Head of Sanctions Regulatory Response & Development, HSBC (USA)

• Unraveling the definitions and meanings of ownership/control

Former Deputy Assistant Director for Licensing, Office of Foreign Assets Control Corey Phelps, SVP − Compliance Officer, Citi

• Broader definitions of “financial services” and “brokering services” • Enforcement trends: will OFSI become more like OFAC or EU Commission?

Bring your questions for this interactive session with former OFAC officials. Learn more about how international regulators work together on global enforcement investigations. 6:00 End of Day One

3:15 1:1 Networking

4 | #EconomicSanctions

twitter: @ C5_Finance ACI_IntTrade

linkedin: International Trade Compliance Experts: Networking Group ACI Economic Sanctions Compliance and Enforcement Exchange


Tuesday, February 23, 2021 (GMT) 3:25 Break

12:30 BONUS SESSION

Brexit: Life after the Transition Period – Practical Implications microphone-alt

Jim Huish, Managing Director, Forensic & Litigation Consulting, Export Controls and Sanctions, FTI Consulting (UK) Aline Doussin, Partner, Hogan Lovells

3:30

Practical Guidance on Sanctions Compliance in Your Business Transactions microphone-alt Henry Smith, Partner, Control Risks (UK) Sean Seelinger, Counsel, Ropes & Gray LLP (UK)

1:00

Conference Co-Chair Opening Remarks microphone-alt

• Practical guidance and case studies on sanctions risk assessments, due diligence and postclose remediation measures

Hera Smith, Principal Compliance Officer, Danske Bank

• How buyers can identify and preempt sanctions exposure in the early stages of the deal

Michael Zolandz, Partner, Dentons

• Ensuring that sellers honour compliance commitments

1:05 REGULATORY GUIDANCE

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

4:00 FOCUS ON CHINA/HONG KONG

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

microphone-alt

Martin Vogt, Global Head of Sanctions, Deutsche Bank (Germany)

Katrin Arend, Deputy Global Head of Sanctions, Deutsche Bank (Germany) Julie Cooper, International Trade Compliance Manager, Spectris plc (UK)

• Sanction expectations after Hong Kong Autonomy Act

• Continued focus on non-financial sector

• Impact of Xinjiang supply chain business advisory and how to minimize sanctions risk in your supply chain

2:00 POST ELECTION PREDICTIONS

• Key developments in China Export Controls and China Unreliable List

• Next steps for financial and non -financial institutions

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

microphone-alt

Neil Whiley, Director, Sanctions, UK Finance (UK) Marco Piredda, Head of Political Scenarios and Institutional Support for Business Development, Eni (Italy) Brian Wilson, Managing Director, Global Head of Sanctions Compliance, UBS (Switzerland)

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

Konstantinos Michalopoulos, Senior Compliance Officer, 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

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

• 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

• Implications for non-US organizations

• Is this tool being overused?

3:00 1:1 Networking

C5-Online.com/SanctionsEurope • +44 20 4532 2313

5:00 SECONDARY SANCTIONS

5:45

REGISTER NOW

End of Day Two

Part of C5 Group’s ECONOMIC SANCTIONS GLOBAL SERIES


Wednesday, February 24, 2020 (GMT) 1:00

• What is the EU’s policy on future designations?

Conference Co-Chair Opening Remarks microphone-alt

• Compliance considerations

Hera Smith, Principal Compliance Officer, Danske Bank

• Challenging EU human rights designations

Michael Zolandz, Partner, Dentons

• Interplay with other global human rights sanctions regimes • Interplay with financial crime legislation • How does the UK regime differ from the EU regime?

1:10 IN-HOUSE PANEL

How to Strengthen Compliance within Your Competing Corporate Priorities

3:15 1:1 Networking

microphone-alt

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

3:25 Networking Break

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

3:45 IRAN SANCTIONS

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

Doreen M. Edelman, Partner, Lowenstein Sandler LLP (USA) • Tips to win approval for additional compliance budgets

microphone-alt

• Tools to leverage technology for training and screening

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

• Is your team centralized or decentralized? • Determining when to escalate 2: 00

• EU report on the state of play of EU-Iran relations • Future of the JCPOA with Biden

SCREENING 2.0

New Tools to Meet Regulator Expectations microphone-alt

Sebastiaan Bennink, Advocaat, BenninkAmar (Netherlands)

• Meeting current challenges with the blocking statute

Adam Veck, Master Expert-Sanctions Screening, Nordea (Denmark)

• Will this be a priority in 2021? 4:15 EMERGING SANCTIONS AREAS TO WATCH

• How to manage false positive

Cuba, Turkey, Venezuela, and North Korea

• 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 2:45 HUMAN RIGHTS/MAGNITSKY

Current Status of New Legislation in Europe microphone-alt

Anna Bradshaw, Partner, Peters & Peters Solicitors LLP (UK)

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

microphone-alt

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 4:45 End of Conference

• What are the legal parameters?

6 | #EconomicSanctions

twitter: @ C5_Finance ACI_IntTrade

linkedin: International Trade Compliance Experts: Networking Group ACI Economic Sanctions Compliance and Enforcement Exchange


C5 GROUP’S VIRTUAL EVENTS

Join Us Virtually this February! As the current global situation continues to unfold, we understand that it is not possible to attend our events in person.

At the same time, we also understand that collaboration is more vital than ever and for that, you can still rely on C5 to bring the industry together but in a different way. We are transforming quickly to ensure you can now connect virtually and continue to gain unparalleled access to market leading intelligence and to the facilitation of a global exchange of expertise. Our new virtual events continue to be guided by our unifying philosophy: we believe that growth and success occur when the power of people and the power of information come together. We may not be able to gather in person, but nothing stops connection and innovation.

Participate in Meaningful Networking Enjoy an Easy to Use, Dynamic Online Platform Immerse Yourself in Live Presentations and Panel Discussions Engage with Attendees and Speakers in an Interactive Format For more information and answers to many of your questions, please visit:

C5-Online.com/SanctionsEurope

Accreditation will be sought in those jurisdictions requested by

ACI certifies this activity has been approved for CLE credit by the State Bar of California.

This course is identified as nontransitional for the purposes of CLE accreditation.

ACI has a dedicated team which processes requests for state approval. Please note that event accreditation varies by state and ACI will make every effort to process your request.

EARN CLE the registrants which have continuing education requirements. CREDITS

Meet 1-on-1 with Your Fellow Attendees

ACI certifies this activity has been approved for CLE credit by the New York State Continuing Legal Education Board.

Questions about CLE credits for your state? Visit our online CLE Help Center at www.AmericanConference.com/CLE


Upcoming Related Events 14th Annual Flagship Conference on

6th Asia Pacific Summit on

ECONOMIC SANCTIONS

ECONOMIC SANCTIONS

ENFORCEMENT AND COMPLIANCE April 28 – 29, 2021

COMPLIANCE AND ENFORCEMENT May 27 – 28, 2021

Virtual Conference

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.

hands-helping GLOBAL SPONSORSHIP OPPORTUNITIES With conferences in the United States, Europe, Asia Pacific, and Latin America, the C5 Group of Companies: American Conference Institute, The Canadian Institute, and C5 Group, provides a diverse portfolio of conferences, events and roundtables devoted to providing business intelligence to senior decision makers responding to challenges around the world. Don’t miss the opportunity to maximise participation or showcase your organisation’s services and talent. For more information please contact us at: SponsorInfo@C5-Online.com

Yanette Ching, C5

Looking to Register?

Contact our Customer Service Representatives:

Join Our Email List to Stay Connected

Fadumo Omer, C5

Y.Ching@C5-Online.com

F.Omer@C5-Online.com

1 212 352 3220 x5499

1 212 352 3220 x7361

Use Registration Code: B00-999-YCG21

Use Registration Code: B00-999-FOR21

Register & Pay after January 31, 2021

PRICING Virtual Conference

€1495

Webinar: 5 Months Into Biden Administration: Sanctions Update and What to Expect

€149

PLEASE ADD RELEVANT VAT TO ALL ORDERS. A TAX INVOICE WILL BE PROVIDED PRIOR TO THE EVENT. 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. To update your contact information and preferences, please visit https://www.C5-Online.com/preference-centre/.

© C5, 2020

Virtual Conference

SIGN UP TO RECEIVE EXCLUSIVE DISCOUNTS, OFFERS AND PROGRAM UPDATES C5-Online.com/join-our-email-list/

CONFERENCE CODE:

598X21-LON

Bringing a Team? 3-4

10% Conference Discount

5+

Call 888-224-2480

Special Discount ACI offers financial scholarships for government employees, judges, law students, non-profit entities and others. For more information, please email or call customer service.

Terms & conditions and refund/cancellation policies can be found at C5-Online.com/company/faq/


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.