Pre-Conference Workshops

Workshop C — Sanctions Screening Best Practices Exchange

Apr 28, 2020 9:00am – 12:30pm

Speakers

Dennis Ansbro
Director, Enterprise Screening & Risk Advisory
Capital One

Scott Horton
Associate General Counsel
AIG

Ann Broeker
Assistant General Counsel
Moody’s Corporation

Workshop A — Comprehensive Overview of U.S. Sanctions Regulatory Regimes and the Key Components of an Effective Sanctions Compliance Program

Apr 28, 2020 9:00am – 12:30pm

Speakers

Roy Liu
Partner
Hughes Hubbard & Reed

Brenda Perrotti
Enterprise BSA/AML and Sanctions
PNC

Workshop B — Russia Deep Dive: Staying Compliant with Primary and Secondary Sanctions Restrictions

Apr 28, 2020 1:30pm – 5:00pm

Speakers

Phillip Byrnes
Deputy Head, Sanctions, Financial Crime Compliance
Standard Chartered Bank

Inna Tsimerman
Chief International Trade Counsel
Gallagher

Cari N. Stinebower
Partner
Winston & Strawn LLP

Day 1 - Wednesday, April 29, 2020

7:30
Registration and Continental Breakfast
8:30
Co-Chairs Opening Remarks
8:45
OFAC KEYNOTE
9:30

ECONOMIC SANCTIONS YEAR IN REVIEW

Agencies Discuss Regulatory and Enforcement Priorities for 2020 and Beyond
10:45
Networking Break
11:00

RUSSIA SANCTIONS

Unraveling the Complexities of Primary, Sectoral, CAATSA and Secondary Sanctions
12:00

NEW SANCTIONS ANNOUNCED

Creating a Roadmap to Address Compliance Considerations Quickly When Necessary
12:45
Networking Luncheon – Special Interest Groups (SIG) Discussion for Dedicated Industries
2:00
Afternoon Tracks
2:45
Change Break
2:50
Afternoon Tracks
3:45
Networking Break
4:00
Afternoon Tracks
4:40
Change Break
4:45
Afternoon Tracks
5:30
Networking Reception

Day 2 - Thursday, April 30, 2020

7:45

EARLY RISER SESSION

In-House Only Sanctions Compliance Think Tank
8:00
Continental Breakfast
8:45
Co-Chair’s Opening Remarks
9:00
Keynote Address
9:30

IRAN SANCTIONS

What is the Future of the JCPOA?
10:30
Networking Break
10:45

FOCUS ON TRADE CONTROLS

US is Introducing and Enforcing Sanctions More Frequently as Global Economic Policy Tools
11:30

FINANCIAL INSTITUTION DUE DILIGENCE PANEL

Increased Focus on Due Diligence and Understanding the Current Business Climate
12:15

GLOBAL TRENDS

Potential Sanctions Developments to Watch for Around the World
1:00
Networking Luncheon – Women in International Trade Networking Event
2:15
Afternoon Tracks
3:15
Networking Break
3:30
Afternoon Tracks
4:30
Conference Adjourns

Day 1 - Wednesday, April 29, 2020

7:30
Registration and Continental Breakfast
8:30
Co-Chairs Opening Remarks
blank-headshot

Dorothy Bennett
Global Head of Sanctions
JP Morgan Chase & Co.

blank-headshot

Sigal Mandelker
Former Under Secretary for Terrorism and Financial Intelligence
U.S. Department of the Treasury

8:45
OFAC KEYNOTE

Andrea Gacki
Acting Deputy Director Office of Foreign Assets Control
U.S. Department of the Treasury (Washington, DC)

9:30

ECONOMIC SANCTIONS YEAR IN REVIEW

Agencies Discuss Regulatory and Enforcement Priorities for 2020 and Beyond
blank-headshot

Michael Dondarski
Assistant Director for enforcement
Office of Foreign Assets Control

blank-headshot

Elizabeth Cannon
Deputy Chief for Export Controls and Sanctions
U.S. Department of Justice

blank-headshot

Matthew Boreman
Deputy Assistant Secretary of Commerce for Export Administration
U.S. Department of Commerce

blank-headshot

Andrew Keller
U.S. Senate Staff

  • Renewed focus on non-financial industries
  • What is the impact of increased use of the entity list
  • New VSD policy for export control and sanctions violations
  • How the agencies work collaboratively
  • Trends to expect for the coming year

10:45
Networking Break
11:00

RUSSIA SANCTIONS

Unraveling the Complexities of Primary, Sectoral, CAATSA and Secondary Sanctions
blank-headshot

Daniel Silverberg
U.S. Congressional Staff

blank-headshot

Michael V. Dobson
Partner
Morrison & Foerster LLP

blank-headshot

Sahand Boorboor
Managing Director, Global Financial Crimes Compliance
Bank of America

  • New sectorial sanctions related t o debt, equity and energy
  • Lessons learned from recent enforcement action
  • Coordinated sanctions with other countries but areas where they diverge
  • Status of Defending American Security from Kremlin Aggression Act bill against Russian oligarchs, banking sector and sovereign debt

12:00

NEW SANCTIONS ANNOUNCED

Creating a Roadmap to Address Compliance Considerations Quickly When Necessary
blank-headshot

Lynn Van Buren
Associate General Counsel, Global Trade Compliance
Verizon

blank-headshot

Jen Maki
Head of International Trade Compliance AD & M Senior Counsel
TE Connectivity

blank-headshot

Laura Yovanoff
Deputy Global Head of Sanctions
Goldman Sachs

blank-headshot

Matthew Tuchband
Counsel
Arent Fox

  • Screening – How quickly does your software update lists?
  • Looking beyond your customer lists – Where are you vulnerable?
  • Authorizing on-going activities
  • Identifying affected assets prior to screening processes taking effect, implementing non-screening controls and immobilizing or controlling affected assets
  • Terminating relationships – Will there be a wind-down period?
  • Tips learned when Turkey sanctions were announced and repealed very quickly

12:45
Networking Luncheon – Special Interest Groups (SIG) Discussion for Dedicated Industries

By invitation only, participants from specific industries will have the opportunity for structured networking and the change to meet with their peers.

2:00
Afternoon Tracks
blank-headshot

Saam Youssefi-Rad
Sanctions Compliance Director
Citi

blank-headshot

Maeva Donlin
Director OFAC Sanctions Training Lead
BNP Paribas

blank-headshot

Nancy Fischer
Partner
Pillsbury Winthrop Shaw Pittman LLP

blank-headshot

Molly Miller
Sr. Director, Economic Sanctions & Trade Controls
Capital One

ENFORCEMENT LANDSCAPE

Navigating Secondary Sanctions Risk with Respect to Clients, Counterparties and Other Third Parties

  • Conducting restricted party screening for your partners, distributors purchasers and customers
  • Review of dealing involving sanctions territories
  • Ensuring your compliance program is robust in this area

SANCTIONS COMPLIANCE

Sanctions Training Programs: Duration, Frequency, Depth and Content

  • Case study on BNP’s comprehensive training program from e-learning,use of case studies, quizzes and company forums
  • Creating training for different types of employees; all employees, exposed employees, legal and compliance staff and contractors
  • Training success stories

2:45
Change Break
2:50
Afternoon Tracks
blank-headshot

Bridget Van Buren
Senior Sanctions Compliance Officer, Office of Foreign Assets Control
U.S. Department of the Treasury

blank-headshot

Michael Zytnick
Director, Group Deputy Head of Sanctions
BNY Mellon

blank-headshot

Eric J. Kadel Jr
Partner
Sullivan & Cromwell LLP

blank-headshot

Beverly A. Wyckoff
Vice President and Associate Counsel, Global Regulatory Affairs
Dover

blank-headshot

Matt Bell
Global Practice Leader, Export Controls and Sanctions
FTI Consulting, Inc.

blank-headshot

Julia Court Ryan
Head of Global Trade
Varian Medical Systems

ENFORCEMENT LANDSCAPE

Staying Ahead of Increasing Venezuela Sanctions

  • Review the Executive Orders expanding OFAC’s primary sanctions
  • Understand the broad definition of the “Government of Venezuela” under U.S. sanctions and heightened risks concerning the inadvertent misapplication of OFAC licenses to engage in otherwise prohibited activity
  • Evaluate how OFAC is increasingly using of broader “status- based” targeting authorities to complement “conduct-based” targeting authorities
  • Examine enhanced risks related to the gold, financial, oil, and defense and security sectors

SANCTIONS COMPLIANCE

Focus on Internal Controls & Audits: Testing Your Compliance Controls

  • Determining the scope of the audit
  • How to pressure test your compliance program for weaknesses and inefficiencies
  • How to ensure that your testing and audit process is appropriate to the level and sophistication of your company?
  • How to use the findings to strengthen your program going forward

INTERACTIVE DIALOGUE (limited to 30 people)

OFAC’s Jurisdictional Reach, and how Non-U.S. Persons May Run Afoul of U.S. Sanctions Regulations

3:45
Networking Break
4:00
Afternoon Tracks
blank-headshot

Bing Xu
Chief Counsel, Global Trade Controls
Rolls-Royce North America Inc.

blank-headshot

Diane Knox
SVP- Legal and Compliance
Mitsubishi Corporation

blank-headshot

Kwame Manley
Partner
Paul Hastings LLP

ENFORCEMENT LANDSCAPE

Intersection of Sanctions and National Security: The Evolving Role of Sanctions Regimes in the Broader National Security Policy Landscape

  • Where do sanctions fit among other available tools in the national security landscape?
  • How have different administrations deployed or rolled back sanctions as part of their overall national security strategy?
  • Has the use of sanctions been effective in achieving national security priorities?
  • Who assesses and how do they measure effectiveness?
  • What’s the future for sanctions in the national security landscape?

SANCTIONS COMPLIANCE

Risk Assessment: Establishing the Right Sized Compliance Program for Your Organization

  • Designing the risk assessment plan
  • Making the most of limited resources security priorities?
  • How to involve the various business units
  • Maintaining privilege
  • Using risk assessment results as a basis for next steps

INTERACTIVE DIALOGUE (limited to 30 people)

Latest Developments on Cuba Economic Sanctions

4:40
Change Break
4:45
Afternoon Tracks
blank-headshot

Jeanette A. Miller
U.S. Head of Sanctions Regulatory Response & Development
HSBC

blank-headshot

Diego Marquez
Executive Counsel – Sanctions and Trade Compliance
General Electric Company

blank-headshot

Nathan Harsch
Vice President & Chief Compliance Officer, Legal & Compliance
Westinghouse Electric Company LLC

blank-headshot

Edward Starishevsky
Global Head of Sanctions and Anti-Corruption
American Express

blank-headshot

Cheryl Palmeri
Chief Trade Counsel
IBM

ENFORCEMENT LANDSCAPE

Voluntary Disclosures: When and How Much to Disclose to the Regulators

  • Anatomy of an enforcement action
  • How to perform a sanctions investigation
  • When to call in outside counsel

SANCTIONS COMPLIANCE

Harnessing Your Company’s Data for Sanctions Compliance

  • Data lineage, data integrity and data governance
  • Using technology to identify customers and accounts associated with sanctioned parties and jurisdictions
  • How to manage your data to drive compliance

INTERACTIVE DIALOGUE (limited to 30 people)

ICTS Supply Chain Risk Management

5:30
Networking Reception

Day 2 - Thursday, April 30, 2020

7:45

EARLY RISER SESSION

In-House Only Sanctions Compliance Think Tank
blank-headshot

Melissa Bohannon
Director of Trade Compliance
Weatherford

8:00
Continental Breakfast
8:45
Co-Chair’s Opening Remarks
blank-headshot

Diego Marquez
Executive Counsel – Sanctions and Trade Compliance
General Electric Company

blank-headshot

Sigal Mandelker
Former Under Secretary for Terrorism and Financial Intelligence
U.S. Department of the Treasury

9:00
Keynote Address
David_Peyman

David Peyman
Deputy Assistant Secretary for Counter Threat Finance and Sanctions Bureau of Economic and Business Affairs
U.S. Department of State

9:30

IRAN SANCTIONS

What is the Future of the JCPOA?
blank-headshot

Patrick Hu
Sanctions Compliance Officer, Office of Foreign Assets Control
U.S. Department of the Treasury

blank-headshot

Richard Dunmall
EMEA Head of Sanctions
Sumitomo Mitsui Banking Corporation

blank-headshot

James A. Earl
Special Counsel
Sullivan & Cromwell LLP

  • What’s next after E3 triggers JCPA snapback process?
  • Current climate in EU companies on doing business with Iran
  • Specifics of the dispute resolution process
  • Potential for Iran compliance or new replacement deal to bring back the U.S.

10:30
Networking Break
10:45

FOCUS ON TRADE CONTROLS

US is Introducing and Enforcing Sanctions More Frequently as Global Economic Policy Tools
blank-headshot

Ambassador Daniel Fried
Former Coordinator for Sanctions Policy (2013 – 2017)

blank-headshot

Elizabeth Rosenberg
Senior Fellow & Sec Program Director
Center for a New American Security

  • Increasing use of U.S. sanctions and export controls to force compliance with U.S. policy around the globe
  • Next steps for U.S. trade controls as U.S. national security/foreign policy objectives clash with European and Asian approaches (e.g., Huawei, Nord Stream 2)
  • Possible reactions and countermeasures from China, Europe, and Russia
  • Navigating business decisions in this uncertain political climate, particularly in light of the upcoming election

11:30

FINANCIAL INSTITUTION DUE DILIGENCE PANEL

Increased Focus on Due Diligence and Understanding the Current Business Climate
blank-headshot

Dorothy Bennett
Global Head of Sanctions
JP Morgan Chase & Co.

blank-headshot

Susan Rodihan Dupuy
Managing Director, Head of Sanctions Compliance for the Americas
Societe Generale

Jamie Boucher
Partner
Skadden, Arps, Slate, Meagher & Flom LLP

  • What are the regulatory obligations for your clients?
  • Explore evolving regulatory and counterparty expectations to manage direct and indirect sanctions risk
  • Discuss risk-based strategies to comply with these expectations
  • Enhanced due diligence in M&A transactions

12:15

GLOBAL TRENDS

Potential Sanctions Developments to Watch for Around the World
blank-headshot

Neelu Shanker
Deputy Director, Operations
Global Affairs Canada

blank-headshot

David McLean *
Joint Deputy Head
Office of Financial Sanctions Implementation

blank-headshot

Peter Lichtenbaum
Partner
Covington & Burling LLP

  • What is the future of UK sanctions post Brexit
  • Implications of UN sanctions at the EU level
  • How global regulators work together on cross border investigations
  • New sanctions initiatives in Canada

1:00
Networking Luncheon – Women in International Trade Networking Event
2:15
Afternoon Tracks
blank-headshot

Audrey Phillips
OFAC/Sanction Compliance Counsel
e-Bay

blank-headshot

Robert Hurst
Global Head of Sanctions Compliance
PayPal

blank-headshot

Delia Pawelke
Global Sanctions Officer
Stripe, Inc.

blank-headshot

Lisa Prager
General Counsel,
Executive Vice President

Agricultural Bank of China

blank-headshot

Amanda DeBusk
Partner
Dechert

EMERGING ISSUES

E-Commerce Challenges: On-line Payments Flows

  • Managing on-line payments flows
  • Mitigating 3rd party payment processing
  • In-house vs. outsourcing due diligence
  • Tools to prevent circumvention

LEGAL TOPICS

How to Avoid Sanctions Complications During Mergers and Acquisitions

  • What is effective pre-merger due diligence?
  • What is the appropriate lever of due diligence post-merger?
  • Red flags to look for and how to effectively respond
  • Whether to file a voluntary disclosure and, if so, when?
  • Merging and harmonizing compliance policies
  • Lessons learned from recent OFAC enforcement actions arising from mergers

3:15
Networking Break
3:30
Afternoon Tracks
blank-headshot

Andrew Jensen
Global Head of Sanctions
Scotiabank

blank-headshot

Matthew Fogarty
Counsel – Trade
General Motors Company

blank-headshot

Livio Russo
Global Head of Financial Crime Compliance
Generali

blank-headshot

Nicole Erb
Partner
White & Case LLP

blank-headshot

Scott Flicker
Partner
Paul Hastings LLP

EMERGING ISSUES

Compliance 2.0: How Innovation is Changing the Playing Field

  • Role of automation, data analytics and artificial intelligence
  • New compliance resources to help eliminate false hits
  • How the government is using technology to aid investigations
  • Next generation: fuzzy logic testing

SANCTIONS LEGAL TOPICS

Minimizing Global Shipping and Maritime Risks

  • OFAC and State Department guidance
  • Lessons learned from recent enforcement actions
  • What to watch with vessel documents
  • Disabled automatic identification systems
  • Working with carriers and insurance companies

INTERACTIVE DIALOGUE (limited to 30 people)

Navigating the Intersection Between Export Controls and Sanctions

4:30
Conference Adjourns

Workshop A — Comprehensive Overview of U.S. Sanctions Regulatory Regimes and the Key Components of an Effective Sanctions Compliance Program

Apr 28, 2020 9:00am – 12:30pm

Roy Liu
Partner
Hughes Hubbard & Reed

Brenda Perrotti
Enterprise BSA/AML and Sanctions
PNC

What is it about?

Get updated on the latest U.S. Sanctions restrictions in effect today. Participants of this interactive and practical workshop will receive a practical and up-to-the-minute overview of key sanctions affecting the principal targeted countries with a dedicated focus on recent developments. Topics covered will include:

  • Learn the nuts and bolts of OFAC comprehensive and limited sanctions on Russia, Iran, Cuba, Venezuela, and North Korea
  • Gain an understanding of how OFAC’s list-based programs include a range of subtle nuances that can expose U.S. persons to civil and criminal liability
  • How statutory exemption, general licenses, and specific licenses allow for the processing of otherwise prohibited activity
  • Review OFAC required reporting requirements and the Economic Sanctions Enforcement Guidelines
  • Learn about OFAC expectations for your compliance program
  • Tailoring internal compliance procedures to the site and country
  • Implementing a global licensing strategy

Workshop B — Russia Deep Dive: Staying Compliant with Primary and Secondary Sanctions Restrictions

Apr 28, 2020 1:30pm – 5:00pm

Phillip Byrnes
Deputy Head, Sanctions, Financial Crime Compliance
Standard Chartered Bank

Inna Tsimerman
Chief International Trade Counsel
Gallagher

Cari N. Stinebower
Partner
Winston & Strawn LLP

What is it about?

This in-depth workshop is much more than a basic review of Russia Sanctions. This interactive workshop will provide timely guidance on these complex sanctions through interactive hypotheticals. The program will be taught by experienced practitioners and will cover the following topics:

  • Overview of the latest sanctions’ restrictions and impact of new Russia counter-sanctions’
  • Update on OFAC guidance for licensing
  • Practical considerations for screening, ownership and control
  • Case studies on how to apply the 50% rule
  • Strategies to mitigate secondary sanctions risks

Workshop C — Sanctions Screening Best Practices Exchange

Apr 28, 2020 9:00am – 12:30pm

Dennis Ansbro
Director, Enterprise Screening & Risk Advisory
Capital One

Scott Horton
Associate General Counsel
AIG

Ann Broeker
Assistant General Counsel
Moody’s Corporation

What is it about?

This interactive workshop is designed to provide a forum to discuss economic sanctions screening from A to Z. Topics will include:

  • OFAC expectations for screening
  • Lack of governance around screening practices
  • List maintenance and filer testing
  • False positive testing and oversight
  • Language and character set coverage
  • Rule writing and screening policies
  • Pros and cons of various vendor solutions
  • Leveraging new technologies to reduce false positives