European Forum on Global Economic Sanctions - DS

Workshops on 4 June 2024!

European Forum on GLOBAL ECONOMIC SANCTIONS

5–6 June 2024 • Westin Grand Berlin, Germany

Adela Deaconu

Director Group Export Controls, Legal Compliance Royal Phillips (The Netherlands)

2024 CO-CHAIRS:

Hannah N. Zarkar

Head of Global Standards & Advisory Sanctions Commerzbank AG (Deutschland)

Stephan Müller Partner

Oppenhoff & Partner Rechtsanwälte Steuerberater mbB (Deutschland)

Network and Gain Best Practices From:

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With so many new, evolving risks, join critical discussions on:

CHEVRON-DOUBLE-RIGHT Preventing and Detecting Circumvention: Upgrading Best Practices in Response to the Latest Schemes and Risk Factors

CHEVRON-DOUBLE-RIGHT Russia Sanctions—and The Newest Evasion, Due Diligence, Screening and Compliance Hurdles

CHEVRON-DOUBLE-RIGHT Iran Sanctions Amid the Israel-Hamas War: Repositioning Your Programme Amid Intensifying Geopolitical and Compliance Risks

CHEVRON-DOUBLE-RIGHT Managing the Overlap Between Economic Sanctions and Human Rights: How to Optimize Controls to Create Compliance Synergies

CHEVRON-DOUBLE-RIGHT Cross-Border Enforcement and Penalties: Hard Lessons for Mitigating Risk and New Areas Under Agencies’ Microscopes

CHEVRON-DOUBLE-RIGHT AI, Geopolitics and Economic Sanctions: Leveraging AI as a Compliance Tool Amid Misuse by Bad Actors

Plus! Join our pre-conference workshops on 4th June: A Resolving the Newest, Emerging Russia Sanctions Compliance Challenges B Strengthening Sanctions Compliance and Screening Programmes

SPEAKER FACULTY

Conference Co-Chairs

Adela Deaconu

Director Group Export Controls, Legal Compliance

Royal Phillips (The Netherlands) (WSN Member)

Stephan Müller Partner

Oppenhoff & Partner

Rechtsanwälte Steuerberater mbB (Deutschland)

Hannah Zarkar

Head of Global Standards & Advisory Sanctions Attorney at Law (Admitted to practice in California and the District of Columbia only)

Commerzbank AG (Deutschland) (WSN Member)

Government Insights:

Elizabeth Coats Bowen

Sanctions Compliance Officer U.S. Office of Foreign Assets Control (OFAC)

U.S. Department of the Treasury

Adela Kabrtova Policy Officer

EU Commission

Michael Khoo Co-Director KleptoCapture

Mathias Licharz

Head of MfA Sanctions Policy Task Force

Auswärtiges Amt (Federal Foreign Office) Germany

Corporate Insights

Nora Zs. Bartos

Legal Counsel Export Control & Economic Sanctions

Legal & Compliance La Roche AG (Netherlands)

Stéphanie Broekaart Founder & Managing Director Megara Sanctions (The Netherlands)

Michael Casey Partner

Wilson Sonsini Goodrich & Rosati (UK)

Spencer Chilvers Head of Export Control Policy Rolls-Royce (UK)

Svetlana Durdevic Head of Sanctions Controls and Screening Danske Bank (Denmark)

Felix Helmstädter Partner

Morrison & Foerster LLP (Deutschland)

Graham Ide Head of Trade Management Eaton (UK)

Urs Mayer

Director Financial Sanctions Munich Re (Group) (Deutschland)

Lloyd Meadows

Regional sanctions policy and advisory work Standard Chartered (UK/UAE)

Maria Chiara Montegano Head of Economic Sanctions, Trade Control and Compliance Process Support ENI S.p.A. (Italy) (WSN Member)

Nicholas Richards-Bentley Head Legal Trade Sanctions Novartis (Switzerland)

Livio Russo Group Ethics Officer Generali (Italy)

Danuta Sicha-Colon Head of ECC Strategy & Review Siemens Healthineers (Deutschland)

Che Sidanius

Global Head of Financial Crime & Industry Affairs LSEG

Vice-Chair, Global Coalition to Fight Financial Crime

Pedro Jorge Vaz Anti-Money Laundering and Counter-Terrorism Financing Financial Banco BPI (Portugal)

Konrad Walter Chief Legal Counsel, Export Control SE SAP SE (Deutschland)

Brian Wilson Managing Director, Global Head of Sanctions Compliance UBS Bank (Switzerland)

Tatjana Wödlinger Group Sanctions Officer Oberbank AG (Austria)

Legal Insights

Yvo Amar Partner

BenninkAmar Advocaten (The Netherlands)

Sachs Bärbel

Rechtsanwältin (Lawyer), Partner Noerr PartGmbB (Deutschland)

Chloe Cina Partner

Morrison & Foerster LLP (UK)

Aline Doussin Partner

Hogan Lovells International LLP (UK)

Ginger Faulk Partner Eversheds Sutherland (United States)

Simone Nadelhofer Partner LALIVE (Switzerland)

Stéphane de Navacelle Partner

Navacelle (France)

Meredith Rathbone Partner

Steptoe (UK)

Roland M. Stein Partner

Blomstein (Deutschland) Rechtsanwalt, Fachanwalt für Vergaberecht

09:00–12:30 (Registration to begin at 08:30)

A Practical Guide to Resolving New, Emerging Russia Sanctions Compliance Challenges: U.S., EU and UK Updates to Your Compliance Blueprint Amid the 12th Sanctions Package

Microphone-alt Nicholas Richards-Bentley, Head Legal Trade Sanctions, Novartis (Switzerland)

Tatjana Wödlinger, Group Sanctions Officer, Oberbank AG (Austria)

Michael Casey, Partner, Wilson Sonsini Goodrich & Rosati (UK)

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 of requirements, intricacies, and continually evolving nature of Russia sanctions. Special attention will be given to the evolution of sanctions compliance, along with insights into preparing for what comes next. 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

13:30–17:00 (Registration to begin at 12:30)

A Complete Guide to Strengthening Sanctions Compliance and Screening Programmes: The Finer Points of Incorporating Evolving EU, UK, and U.S. Restrictions

Microphone-alt Ginger Faulk, Partner, Eversheds Sutherland (United States)

Urs Mayer, Director Financial Sanctions, Munich Re (Group) (Deutschland)

Over the past year, the coordination between the EU, UK, and U.S. has been historic. While the alignment has been strong, and many broad sanctions policies overlap, there are varied nuances that complicate compliance. This workshop will provide best practices for incorporating the finer points of EU, UK, and U.S. sanctions restrictions, to ensure broad compliance and effective screening across the board.

• The core elements of a strengthened sanctions compliance and screening programmes

• Detecting and addressing programme weak spots

• Dovetailing differing U.S., UK and EU requirements into an effective, updated programme

• Analysing the differences in the scale and pace of sanctions targets by the EU, UK, and U.S.

• Navigating how the U.K. focus on sanctions targets outside of government diverges slightly from EU and US areas of focus

• Understanding the key differences in ownership versus control when it comes to the divergence in sanctioning non-listed entities

• Differences in the scope and location restrictions on investment bans by the EU, UK and U.S.

• The finer points of seeking authorisations and licences from EU, UK, and U.S. authorities

DAY ONE: 5th June 2024

09:00

Co-Chairs’

Opening Remarks

12:15

Microphone-alt Adela Deaconu, Director Group Export Controls, Legal Compliance, Royal Phillips (The Netherlands) (WSN Member)

Hannah N. Zarkar, Head of Global Standards & Advisory Sanctions, Commerzbank AG (Deutschland)

Stephan Müller, Partner, Oppenhoff & Partner Rechtsanwälte Steuerberater mbB (Deutschland)

09:15

Keynote Address

Microphone-alt

Mathias Licharz, Head of MfA Sanctions Policy Task Force, Auswärtiges Amt (Federal Foreign Office) Germany

10:00 RUSSIA AND THE PATH FORWARD

Russia Sanctions—and The Newest Evasion, Due Diligence, Screening and Compliance Hurdles—from Third Party Origin to Divestments and Beyond

Microphone-alt Graham Ide, Head of Trade Management, Eaton (UK)

Maria Chiara Montegano, Head of Economic Sanctions, Trade Control and Compliance Process Support, ENI S.p.A. (Italy)

Felix Helmstädter, Partner, Morrison & Foerster LLP (Deutschland)

• Navigating vexing compliance dilemmas in the context of multi-jurisdictional transactions

• Extracting assets out of Russia and Belarus, and mitigating corporate risk/losses while remaining in compliance with EU, UK, and U.S. sanctions

• Evaluating the impact of oil price caps across various sectors

• Navigating differences in capital investment prohibitions between EU, UK and U.S.

11:00 Networking Break

11:30

Special Interview

Microphone-alt Mike Casey, Partner, Wilson Sonsini Goodrich & Rosati (UK)

Laura Brown, Head of Enforcement Strategy, The Office of Financial Sanctions Implementation (OFSI) at HM Treasury

The Present and Future of Iran Sanctions Amid the Israel-Hamas War: Repositioning Your Programme Amid Intensifying Geopolitical and Compliance Risks

Microphone-alt Hannah N. Zarkar, Head of Global Standards & Advisory Sanctions, Commerzbank AG (Deutschland)

Livio Russo, Group Ethics Officer, Generali (Italy)

Nora Zs. Bartos, Legal Counsel Export Control & Economic Sanctions, Legal & Compliance, Hoffmann-La Roche AG (The Netherlands)

• Examining the interplay between human rights-related sanctions regimes and civil unrest within Iran

• Predicting the potential implementation of targeted financial sanctions and other related measures as a result of the Israel-Hamas War

• Evaluating plans for potential revisions to the EU blocking statute, including implementation challenges for global institutions

• Understanding challenges for EU companies that continue to engage in certain business with Iran and the region

13:00 Networking Luncheon

14:15

Managing the Heightened Overlap Between Economic Sanctions and Human Rights: How to Optimize Controls to Create Compliance Synergies

Microphone-alt Yvo Amar, Partner, BenninkAmar Advocaten (The Netherlands)

• How governmental authorities and companies in Germany and across the EU are creating synergy between human rights and sanctions

• Determining the scope of coverage under a general humanitarian license and distinguishing activities requiring additional approvals

• Understanding the implications of sanctions on capital expenditures unrelated to investment or corporate objectives

• Exploring recent United Nations humanitarian aid exemptions within the context of existing and future sanctions

• Optimizing how controls can be leveraged for economic sanctions and human rights purposes

15:00

Update on UK and EU Sanctions Litigation and Arbitration— the Practical Implications

Microphone-alt Simone Nadelhofer, Partner, LALIVE (Switzerland)

Stéphane de Navacelle, Partner, Navacelle (France)

During this session, benefit from key updates on recent litigation and arbitration trends—and how they are affecting legal risk and compliance for companies and financial institutions.

15:45

16:00

Updating Your Export and Sanctions Compliance Playbook for China, Hong Kong, and the APAC Region: New Semiconductor and More Restrictions—and the Cross-Industry Effect in the EU and UK

Microphone-alt Spencer Chilvers, Head of Export Control Policy, Rolls-Royce (UK)

Stéphanie Broekaart, Founder & Managing Director, Megara Sanctions (The Netherlands)

• Drawing insights from the playbook used in dealing with Russia: To what extent best practices for Russia Sanctions compliance can be used for China and Hong Kong

• Delving into how U.S. export controls on China, specifically regarding semi-conductors, will reverberate through the European technology sector

• Implications for non-Chinese companies conducting business in China and how export controls are reshaping compliance strategies

• Proactive measures that exporters and financial institutions are adopting to comply with U.S. export controls

• Understanding the steps required for complying with U.S. semiconductor rules outside the U.S., with a focus on practical considerations and global business operations

• How the interplay of export controls and economic sanctions are affecting day-to-day business

• Examining specific actions taken by countries such as Japan and the Netherlands to extend their semiconductor controls, and the impact on the global supply chain

16:45

Cross-Border Sanctions Enforcement and Penalties: Practitioners Discuss the Newest, Hardest Lessons for Mitigating Risk, Managing Investigations and New Areas Under Agencies’ Microscope

Speakers include:

Microphone-alt Meredith Rathbone, Partner, Steptoe (UK)

This highly anticipated discussion will impart practical takeaways from recent, key enforcement actions. As economic sanctions risks continue to evolve, ensure that you are fully updated on enforcement trends and what it now takes to mitigate increasing penalty risks.

17:30

Networking Drinks Reception Day One Adjourns

DAY TWO: 6th June 2024

11:00

Co-Chairs’ Opening Remarks

Microphone-alt Adela Deaconu, Director Group Export Controls, Legal Compliance, Royal Phillips (The Netherlands) (WSN Member)

Hannah N. Zarkar, Head of Global Standards & Advisory Sanctions, Commerzbank AG (Deutschland)

Stephan Müller, Partner, Oppenhoff & Partner Rechtsanwälte Steuerberater mbB (Deutschland)

09:15

09:45

Status Report on the G7 Coordination on Sanctions Evasion and Enforcement

Microphone-alt Aline Doussin, Partner, Hogan Lovells International LLP (UK)

Nicholas Richards-Bentley, Head Legal Trade Sanctions, Novartis (Switzerland)

As the geopolitical landscape continues to shift, this this informative session will take a closer look at the G&'s coordination efforts—and their broader impact.

10:30 Networking Break

Keynote Address

Microphone-alt Elizabeth Coats, Sanctions Compliance Officer, Office of Foreign Assets Control, U.S. Department of the Treasury

11:30

Preventing and Detecting Circumvention: Upgrading Best Practices in Response to New, Evolving Schemes and Risk Factors

Microphone-alt Brian Wilson, Managing Director, Geopolitical and Sanctions Risk, UBS Bank (Switzerland)

Konrad Walter, Chief Legal Counsel, Export Control SE, SAP SE (Deutschland)

Chloe Cina, Partner, Morrison & Foerster LLP (UK)

• Collaborating with Government agencies to tackle circumvention

• Detailing the strategies employed by banks to prevent circumvention

• Highlighting actionable steps to safeguard against circumvention

• Actions that the EU is taking to address circumvention

12:30 Networking Luncheon

13:45

Behind The Scenes: Unravelling A Circumvention Scheme

Microphone-alt Pedro Jorge Vaz, Anti-Money Laundering and Counter-Terrorism Financing Financial, Banco BPI (Portugal)

Danuta Sicha-Colon, Head of ECC Strategy & Review, Siemens Healthineers (Deutschland)

C5 celebrates 40 years of excellence! We are thrilled to have provided exceptional conference experiences globally with our outstanding team, speakers, sponsors, partners, and attendees. To mark this milestone, we're launching a new logo which represents our commitment to innovation, growth, and excellence, represented by the five Cs of C5: Current, Connected, Customer-Centric, Conscientious, and Committed.

Looking back on 40 years, we are grateful for our achievements—hosting global conferences, uniting industry leaders, and supporting business growth. However, we are not done yet! We are committed to pushing boundaries and creating impactful experiences and we're excited for the next 40 years of success.

Special Interview

Microphone-alt Michael Khoo, Co-Director, KleptoCapture

15:00

AI, Geopolitics and Economic Sanctions: How AI Can be Leveraged as a Compliance Tool Amid Misuse by Bad Actors

Microphone-alt Roland M. Stein, Partner, Blomstein (Deutschland), Rechtsanwalt, Fachanwalt für Vergaberecht

Svetlana Durdevic, Head of Sanctions Controls and Screening, Danske Bank (Denmark)

AI and export controls have a twofold relationship. First, determining if the use of AI as a tool in economic sanctions is a forward-thinking strategy; whether it enhances accuracy, efficiency, and adaptability in navigating the complex landscape of regulatory requirements—or not.

Secondly, the cross-border use of AI may be subject to economic sanctions and export controls.

Our session leaders will discuss how AI may increase compliance risks while contributing to better risk management, thereby safeguarding against potential legal and financial consequences associated with non-compliance.

15:45

Cryptocurrency and the Newest EU and UK Sanctions Implications

Microphone-alt Lloyd Meadows, Regional sanctions policy and advisory work, Standard Chartered (UK/UAE)

Sachs Bärbel, Rechtsanwältin (Lawyer), Partner, Noerr PartGmbB (Germany)

Che Sidanius, Global Head of Financial Crime & Industry Affairs, LSEG, Vice-Chair, Global Coalition to Fight Financial Crime

• Addressing prevalent misconceptions surrounding EU restrictions on crypto payments from Russia

• Examining the tangible aftermath of recent OFAC enforcement actions targeting crypto exchanges

• Anticipating Spillover: Forecasting the anticipated impact of heightened U.S. enforcement measures on the European Union and the United Kingdom

• Navigating UK reporting obligations for suspected sanctions evasion by crypto companies

• Contrasting the restrictions imposed by OFAC and the EU with the reporting criteria outlined by OFSI

• Heightened sanctions risks posed by North Korean hackers targeting crypto assets

16:30

Closing Remarks End of Conference

USERS WHO YOU WILL MEET:

ɳ Cross-Industry Professionals, including those in:

» Finance Sector

» Tech Sector

» Energy Sector

» Aerospace/Defense Sector

» Insurance Sector

» Life Sciences Sector

» Automotive Sector

» Academia

ɳ Law and Consulting Firm Practitioners whose practices focus on:

» Sanctions

» Export Controls

» Cross-border litigation

» Licensing

» Compliance

» Regulatory

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The Women in Sanctions Network (WSN) is a global community of like-minded corporate/in-house professional women working in economic sanctions. Join us as members share expert knowledge, support each other’s growth, and celebrate achievements together. The WSN is committed to promoting diversity across the profession, creating worthwhile networking and educational programs, and updating members on employment and advancement opportunities. Learn more about our network here: WomenSanctionsNetwork.com

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