Women in Sanctions Members Only Reception
For information on how to join ACI’s Women in Sanctions Network, please visit https://womensanctionsnetwork.com/

May 4, 2022 — 6:00pm

Day 1 - Thursday, May 5, 2022

8:45
Co-Chairs’ Opening Remarks
9:00

KEYNOTE

OFAC Priorities for 2022 and Beyond
9:45

IN-HOUSE EXECUTIVE PERSPECTIVES

Senior Decision-Makers Discuss the Newest, Emerging Economic Sanctions and Financial Crime Trends at the Forefront: RUSSIA AND MORE
10:30
Networking Break
11:00

RUSSIA

Status Report on Addressing Ukraine-Related Developments, Potential Sectorial Sanctions – and Uncertainty for the Future of the Energy Industry
12:00
U.S.-CHINA TRADE POLICY: Experts Discuss the Present and Future of U.S.- China Policy, the Blocking Statute, Geopolitics and the Compliance Outlook
12:45
Networking Lunch with Special Interest Groups

Connect in a smaller group setting with like-minded individuals from your industry. Expand your network and gain best practices tailored to the realities of your business
2:00

HM TREASURY AND EU COMMISSION UPDATE

Senior Officials Discuss Current, Upcoming Developments and Priorities
2:45

HIDDEN WARNING SIGNS

Real-World Schemes Used in North Korea: Clues for Identifying Proliferation Financing and Sanctions Evasion
3:15
Networking Break
3:30

SCREENING, IP BLOCKING, GEOFENCING

Cutting-Edge Strategies for Leveraging Innovation to Strengthen Your Sanctions Screening Processes
4:15
WHITE HOUSE KEYNOTE ADDRESS
4:45

VIRTUAL CURRENCY AND NFT’s — THE NEXT BIG COMPLIANCE CHALLENGE

A Closer Look at the Payment Ecosystem Over the Next Five Years and the Lesser-Known Risks to Flag Now
5:30
Networking Reception

Day 2 - Friday, May 6, 2022

8:00
Early Riser Session: Join an Interactive Session on the New Export Controls Restrictions in Russia and Get Your Questions Answered
8:45
Co-Chairs’ Opening Remarks
9:00
KEYNOTE ADDRESS
9:30

THE RISE IN RANSOMWARE ATTACKS AND REQUESTS FOR CRYPTOCURRENCY PAYMENTS

Applying OFAC Guidance and Critical Missteps to Avoid in the Immediate Aftermath of an Attack
10:30
Networking Break
10:45
Russia Counter Sanctions – Potential Threats and Asset Seizures for Companies Who Withdraw or Temporarily Suspend Operations
11:30

THE CHANGING SANCTIONS ENFORCEMENT LANDSCAPE

New Takeaways for Addressing Warning Letters, Disclosures, Settlement Negotiations and Mitigating Factors
12:15
Networking Lunch
1:15

FIRESIDE CHAT

Latest Legislative and Policy Shifts- and What is on the Horizon
2:00

COMPLIANCE AND SCREENING INNOVATIONS

Real-World Examples of Taking Sanctions Compliance and Screening Optimization to the Next Level
2:45
Networking Break
3:00

WHAT’S COMING ACROSS YOUR DESK SOONER THAN LATER

Key Areas to Watch in the Next 6 Months
4:00

ETHICS

Ethical Considerations to Consider When Accepting New Client Engagements for Sanctions Matters
5:00
Conference Adjourns

Post-Conference Workshops

Workshop A

Mar 28, 2023 9:00am – 12:00pm

Workshop B

Mar 28, 2023 1:00pm – 4:00pm

Day 1 - Thursday, May 5, 2022

8:45
Co-Chairs’ Opening Remarks

Jessica Bartlett
Global Head of Financial Crime Legal
Barclays

Adam Smith
Partner
Gibson, Dunn & Crutcher LLP

9:00

KEYNOTE

OFAC Priorities for 2022 and Beyond

Andrea Gacki
Director
Office of Foreign Assets Control U.S. Department of the Treasury

9:45

IN-HOUSE EXECUTIVE PERSPECTIVES

Senior Decision-Makers Discuss the Newest, Emerging Economic Sanctions and Financial Crime Trends at the Forefront: RUSSIA AND MORE

Jessica Bartlett
Global Head of Financial Crime Legal
Barclays

Marc Rothenberg
Vice President & Senior Regulatory
Prudential

Priti Agrawal
Deputy General Counsel, Global Head of Financial Crime Legal
HSBC

Neena Shenai
Chief Global Trade Legal Director | Enterprise Legal Regulatory
Medtronic

Eric J. Kadel Jr
Partner
Sullivan & Cromwell LLP

New for 2022, decision-makers from leading organizations will offer strategic, big picture insights on the economic sanctions and financial crime risk landscape, and how recent developments have affected their outlooks on risk and compliance:

  • How to address the new Russia sanctions
  • How corporate leaders are revisiting their risk calculus
  • New considerations for performing organization-wide risk assessments
  • Assessing your liability and risks posed by your current business activities
  • Determining whether to process multinational transactions with restrictions
  • Risk Ranking: Where do sanctions fit into your global financial crime strategy

10:30
Networking Break
11:00

RUSSIA

Status Report on Addressing Ukraine-Related Developments, Potential Sectorial Sanctions – and Uncertainty for the Future of the Energy Industry

Jason Prince
Chief Counsel Office of Foreign Assets Control
U.S. Department of the Treasury

Julia Friedlander
Director
Atlantic Council

David Stetson
Partner
Steptoe & Johnson LLP

Moderator:

Sean M. Thornton
Managing Director and Head of Legal Financial Security (U.S.)
BNP Paribas

  • Convergence of sanctions and export controls in response to the war in Ukraine
  • Implications of the ban on imports on Russian oil
  • Continued supply chain challenges
  • Status of existing contracts in Russia

12:00
U.S.-CHINA TRADE POLICY: Experts Discuss the Present and Future of U.S.- China Policy, the Blocking Statute, Geopolitics and the Compliance Outlook

Phillip Byrnes
Deputy Head, Sanctions
Standard Chartered Bank

Manisha Singh
Former Assistant Secretary of State, Advisory Board Member at American Foreign Policy Council

  • Taking stock of the current U.S.- China trade relationship—and future expectations
  • Predictions for possible increased restrictions in the coming year
  • The aftermath of the China blocking statute
  • Key indicators to monitor for your future business in China

12:45
Networking Lunch with Special Interest Groups

Connect in a smaller group setting with like-minded individuals from your industry. Expand your network and gain best practices tailored to the realities of your business
2:00

HM TREASURY AND EU COMMISSION UPDATE

Senior Officials Discuss Current, Upcoming Developments and Priorities

Giles Thomson
Director Office for Financial Sanctions Implementation (OFSI)
HM Treasury

Alina Nedea
Head of Sanctions Unit
European Commission

John E. Smith
Partner
Morrison & Foerster LLP

  • Hear from OFSI on current activities
  • Recent developments at the European Commission
  • Increased cooperation among the US, EU and UK on economic sanctions
  • Key differences between the UK and EU programs

2:45

HIDDEN WARNING SIGNS

Real-World Schemes Used in North Korea: Clues for Identifying Proliferation Financing and Sanctions Evasion

Dr. Togzhan Kassenova
Senior Fellow, Project on International Security, Commerce and Economic Statecraft (PISCES)
University at Albany, SUNY Non-Resident Fellow, Carnegie Endowment for International Peace

Stephen Dennison
Manager, Financial Crime Analysis, Compliance
HSBC USA

Join this fascinating session that will walk the audience through real world sanctions evasions schemes, how they were uncovered and how you can ensure that your organization is not vulnerable to this type of scheme

  • WMD proliferation risks stemming from Iran and North Korea
  • Financial aspect of WMD-relevant procurement and fundraising
  • Maritime risks and compliance considerations; Frequent techniques in use today to bypass sanctions
  • Increasing use of cryptocurrency for payments

3:15
Networking Break
3:30

SCREENING, IP BLOCKING, GEOFENCING

Cutting-Edge Strategies for Leveraging Innovation to Strengthen Your Sanctions Screening Processes

Sheena Nayak
Head of Sanctions
Meta

Susan Rodihan Dupuy
Managing Director & Head of OFAC Sanctions Compliance Americas
Société Générale

Brian Grant
Managing Director - Head of Sanctions Compliance
MUFG

Suzanne Ryning
Global Sanctions Controls and Supportability Manager
Stripe

Darshak Dholakia
Partner
Dechert LLP

  • Lessons learned from recent enforcement actions: extent of required screening and what has fallen short
  • Evolution of screening technology and implications for the future of compliance
  • Risks and benefits of using biometrics and facial recognition
  • Concrete examples of screening missteps to avoid before it’s too late

4:15
WHITE HOUSE KEYNOTE ADDRESS

Peter Harrell
Special Assistant to the President and Senior Director for International Economics and Competitiveness
National Security Council

4:45

VIRTUAL CURRENCY AND NFT’s — THE NEXT BIG COMPLIANCE CHALLENGE

A Closer Look at the Payment Ecosystem Over the Next Five Years and the Lesser-Known Risks to Flag Now

Leo Tsao
Partner
Paul Hastings LLP

Andrew Rosenberg
Director, Global AML and Sanctions Program
Ripple

Jennifer Sutton
Special Counsel
Sullivan & Cromwell LLP

Ken Triemstra
Global KYC Policy, Standards, and Advisory Executive
Citi

  • Implementing new OFAC, FinCEN and DOJ guidance
  • Current cryptocurrency vehicles and market predictions going forward
  • Understanding the exchanges and how this will impact financial institutions
  • Proposed new Digital Asset Sanctions Compliance Enhancement Act
  • Threat of cryptocurrency to evade Russia sanctions

5:30
Networking Reception

Day 2 - Friday, May 6, 2022

8:00
Early Riser Session: Join an Interactive Session on the New Export Controls Restrictions in Russia and Get Your Questions Answered

Laura J. Molinari
Director, Licensing, Policy, Sanctions, and Compliance
The Boeing Company

8:45
Co-Chairs’ Opening Remarks

Adam Smith
Partner
Gibson, Dunn & Crutcher LLP

Neena Shenai
Chief Global Trade Legal Director | Enterprise Legal Regulatory
Medtronic

9:00
KEYNOTE ADDRESS

Brian Nelson
Under Secretary of the Treasury for Terrorism and Financial Intelligence
U.S. Department of the Treasury

9:30

THE RISE IN RANSOMWARE ATTACKS AND REQUESTS FOR CRYPTOCURRENCY PAYMENTS

Applying OFAC Guidance and Critical Missteps to Avoid in the Immediate Aftermath of an Attack

Christopher Leone
Deputy Special Agent in Charge
United States Secret Service

Garrett Williams
Senior Vice President & Chief Compliance Officer
CNA Insurance

Peter Marta
Partner
Hogan Lovells LLP

  • Impact of OFAC ransomware guidance
  • How and when to contact regulatory authorities
  • Engaging forensic investigators and negotiators
  • Determining whether to make a payment
  • Various methods used to make the payment

10:30
Networking Break
10:45
Russia Counter Sanctions – Potential Threats and Asset Seizures for Companies Who Withdraw or Temporarily Suspend Operations

John E. Smith
Partner
Morrison & Foerster LLP

Nicole Erb
Partner
White & Case LLP

Heather Epstein
Director – Americas Head of Sanctions & ABC
Barclays

  • Status of potential new law to nationalize assets of foreign companies
  • Implications for technology, food, apparel and banking sectors
  • How companies are responding to this action
  • Humanitarian and other ethical considerations

11:30

THE CHANGING SANCTIONS ENFORCEMENT LANDSCAPE

New Takeaways for Addressing Warning Letters, Disclosures, Settlement Negotiations and Mitigating Factors

Logan Perel
Senior Counsel
Wells Fargo

Alexandra Gervase
Group Chief Compliance Officer
SiriusPoint

Nabeel Yousef

Nabeel Yousef
Partner
Freshfields Bruckhaus Deringer LLP

  • How the enforcement landscape has evolved in the past few years
  • Increased use of warning letters and no action letters
  • Taking stock of voluntary disclosure do’s and don’t
  • Providing OFAC with necessary documentation to support mitigating factors, including remote work and Covid- 19

12:15
Networking Lunch
1:15

FIRESIDE CHAT

Latest Legislative and Policy Shifts- and What is on the Horizon

Andrew Keller

U.S. Senate Staff

Bradley Smith
Deputy Director, Office of Foreign Assets Control
U.S. Department of the Treasury

Erik Woodhouse
Deputy Assistant Secretary for Counter Threat Finance and Sanctions, Bureau of Economic and Business Affairs
U.S. Department of State

Roberto Gonzalez
Partner
Paul, Weiss, Rifkind, Wharton & Garrison LLP

2:00

COMPLIANCE AND SCREENING INNOVATIONS

Real-World Examples of Taking Sanctions Compliance and Screening Optimization to the Next Level

Orisia Gammell
Chief Legal Counsel, Export Control US
SAP

Pierre Lamere
Director, Global Trade Compliance
3M

Oliver Bodmer
Senior Product Manager
SIX Financial Information

Lee Hale
Senior Managing Director
Ankura Consulting Group

  • Using artificial intelligence to gain efficiencies
  • Screening optimization: How to calibrate your screening provider for accuracy using algorithms
  • Refining compliance and screening in response to ongoing developments: Monitoring the current sanctions landscape and preparing for new sanctions to be imposed or lifted
  • Frequency and tips for reporting potential risks and actual/suspected violations to senior management-should this be placed above under the enforcement session?

2:45
Networking Break
3:00

WHAT’S COMING ACROSS YOUR DESK SOONER THAN LATER

Key Areas to Watch in the Next 6 Months

Kimberly Strosnider
Partner
Covington & Burling LLP

Eric J. Rudolph
Forensic & Litigation Consulting - Export Controls and Sanctions
FTI Consulting

Tom Best
Partner
Paul Hastings LLP

  • Current status of negotiations with respect to Iran and potential developments to come
  • Developments with respect to Venezuela, Cuba, Afghanistan, Myanmar (Burma), and Belarus
  • Trends in list-based sanctions and increasing importance of human rights/Magnitsky sanctions
  • Other current or potential hot spots from a sanctions’ perspective

4:00

ETHICS

Ethical Considerations to Consider When Accepting New Client Engagements for Sanctions Matters

Giovanna M. Cinelli
Partner
Morgan, Lewis & Bockius LLP

  • Ethical issues in representing parties who are the target of sanctions
  • What is the difference between permissible compliance advice vs impermissible restructuring?
  • Handling sensitive, controlled data under export controls
  • Advising on commercial transactions posing sanctions compliance risks
  • Overcoming challenges to addressing disclosure, waiver, and other issues

5:00
Conference Adjourns

Workshop A

Mar 28, 2023 9:00am – 12:00pm

Workshop B

Mar 28, 2023 1:00pm – 4:00pm