Agenda
Day 1
December 3, 2025
Registration and Continental Breakfast
Navigating the Shifting Sands of Trade and Sanctions: The Hidden, Real-World Lessons of Converging Export Controls, Tariffs and Sanctions Enforcement
Michael GradyChief, Bank Integrity Unit
Money Laundering & Asset Recovery Section
Criminal DivisionU.S. Department of Justice
Eddie FishmanSenior Research ScholarColumbia UniversityFormer Policy Planner, U.S. State Department
Brian GrantGlobal Head of Financial Crimes Compliance Operations & Global Head of Sanctions ComplianceMUFGFormer Director, Office of Global Affairs, U.S. Department of the Treasury
Peter HarrellNon-Resident FellowCarnegie Endowment for International PeaceFormer Senior Director for International Economics and Competitiveness, The White House
Delve into the shifts in OFAC and DOJ enforcement priorities under the Trump 2.0 administration as we examine how policy changes and personnel appointments are reshaping the sanctions landscape.
- Exploring current enforcement trends and insights into what businesses and financial institutions should anticipate
- Analyzing changes in OFAC and DOJ enforcement strategies based on past administration policies and current political climate
- Examining the impact of personnel changes within these agencies on enforcement priorities and focus areas
- Practical guidance for adapting compliance programs to anticipate and mitigate potential enforcement risks
CHINA & THE NEXT PHASE OF COMPLIANCE
Repositioning Your Program to Prepare for the Uncertain Year Ahead: Charting Your Compliance Next Steps Amid the Continuing U.S. Pivot on Sanctions and Trade
Laurence HullSenior Counsel, Global Trade LegalApplied Materials
Max LernerManaging Director, Global Head, Sanctions Compliance & Anti-Bribery and Corruption ComplianceState Street
*includes anonymous audience polling
This session explores how sanctions are being recalibrated to address national security risks tied to China’s trade practices, tech development, and global reach and the practical impact on companies and financial institutions.
- How the U.S. is shifting from traditional trade measures to targeted export controls on semiconductors, AI, and surveillance tech
- How industry is responding to compliance and supply chain risks posed by restrictions on AI and semiconductor technologies to curb China’s military-industrial development
- Pressure testing your compliance program: How to know if is effective and agile
- Concrete examples of key compliance program and screening upgrades
- What the growing divergence between the U.S., EU, and UK on China-related sanctions and trade policy means for multinational financial institutions and exporters
- How sanctions are being deployed to address China’s role in supporting adversarial regimes like Iran
Extended Networking Break
KEYNOTE
EVASION SCHEMES
Dissecting the Similarities and Differences in Sanctions and Tariff Evasion Schemes: Unpacking New, Sophisticated Techniques and How to Detect them Before It’s Too Late
Ryan DonohueManaging Director, Legal and ComplianceMorgan Stanley
Malissa LewisDirector, Head of Sanctions AdvisorySociete Generale Corporate and Investment Banking
- Exploring emerging evasion tactics used to evade tariffs and sanctions—how the schemes and how they differ in the tariff vs. sanctions contexts
- New techniques for uncovering schemes and lessons for companies and exporters
- A look at the growing role of coordination across agencies in the U.S. and abroad
Networking Luncheon
IRAN
Unpacking the Maximum Pressure Campaign: Where Things Stand on Iran Sanctions and the Next Phase of Supply Chain Risk & Global Compliance
James CousinsHead, US Sanctions Program Management & OFAC ReportingStandard Chartered Bank
Eric VolkmanPartnerLatham & Watkins LLP
With the return of the “maximum pressure” strategy, the U.S. is once again ramping up sanctions enforcement against Iran—leveraging both new designations and aggressive scrutiny of third-country actors, especially Chinese entities. Financial institutions and global supply chains are now facing intensified compliance expectations and geopolitical risks.
- How the administration is using EO 13902 and other tools to target Iranian oil flows, including through China and Latin America
- How U.S. sanctions on Iran are being used to advance foreign policy objectives—and what this means for enforcement timelines, license backlogs, and pressure points
- How companies are leveraging general licenses and managing frozen assets with institutions like Euroclear and Clearstream
- The ripple effect across multilateral frameworks, and how renewed U.S. pressure on Iran is affecting EU/UK relations, secondary sanctions exposure, and general license strategies
- Concrete examples of compliance upgrades in response to the Maximum Pressure Campaign-and lessons learned from sanctions policy under the first Trump Administration
Networking Break
AI & SANCTIONS
Reality vs. Hype: Pros and Cons of Integrating AI into Sanctions Compliance Processes
Michael PantschyschakDirector, Global Trade Licensing & SanctionsBAE Systems, Inc.
Grant VickersGlobal Head of Sanctions Program Risk & GovernanceTDFormer Policy Advisor, U.S. DOT
Jinzi WuDirector, Global Sanctions AnalyticsPayPal
As regulatory scrutiny intensifies and sanctions regimes become more complex, AI has emerged as both a solution and a challenge. During this panel, we will explore how AI and machine learning are being integrated into sanctions compliance programs—from transaction monitoring and name screening to customer risk scoring.
- How AI is transforming sanctions screening and transaction monitoring
- Navigating risks of algorithmic bias and black-box decision-making
- Best practices for vendor due diligence and AI governance
- Use cases that are already showing results vs. hype
SMALL-GROUP BREAKOUT ROUNDTABLES
Our breakout roundtables are designed to be collaborative, discussion-driven sessions that encourage peer-to-peer engagement and interactive dialogue. Attendees will breakout from the main conference into one of the following roundtable sessions:
Anden ChowPartnerMoloLamken LLPFormer Assistant United States Attorney, U.S. Attorney’s Office for the Southern District of New York
Roundtable 5
Cross-Functional Collaboration: Strategies for Clear Communication and Training Across Functions and Jurisdictions
Alexander ParetsHead of Global Sanctions and Trade Compliance and Enterprise ScreeningCapital One
Strategies for Clear Communication and Training Across Functions and Jurisdictions
Day 1 Concludes to Networking Cocktail Reception
Day 2
December 4, 2025
Networking Breakfast and Registration
RUSSIA
Planning for the Unexpected: Managing Conflicts of Law, Reassessing Exposure, and Preparing for New Policy Twists and Turns
Brad Brooks-RubinPartnerArktouros PLLCFormer Senior Advisor, U.S. Department of State
Ibie FalcusanAssistant General Counsel, Head of Global Trade and Ethics Compliance Weatherford
Bahman FarahdelGlobal Head of Sanctions, Trade and ESG ComplianceBloomberg LP
Industry is operating in a holding pattern—managing day-to-day compliance amid a sanctions regime that could tighten or unravel with little notice. This panel will explore how to assess exposure, address regulatory misalignment, and plan for the unexpected.
- Managing regulatory divergence between U.S., EU, and UK sanctions regimes, especially during wind-downs or divestments that trigger competing legal obligations
- Understanding the enforcement paradox: Active DOJ and OFAC cases that continue despite speculation about a potential political deal or sanctions rollback
- How to assess reputational, legal, and counterparty risk
- How companies can scenario-plan for abrupt policy changes—including new designations, license revocations, or geopolitical shifts that reopen old enforcement risks
- Keeping your program agile and ready for what’s next
HYPOTHETICAL SCENARIOS
The Most Vexing Divergence Dilemmas and How to Work Through Them: Inside the Nuances of Applying Conflicting US, UK, and EU Sanctions in Real-Life
Brendan LeddyFirst Vice President, Global Anti-Money Laundering & Sanctions United Nations Federal Credit Union
*Includes Anonymous Audience Polling
Building on the pre-conference workshop, this session will explore how companies and financial institutions are navigating today’s most complex, hot-button friction points.
Through a series of real-world hypothetical scenarios, the speakers will walk you through the “how to” elements of resolving vexing dilemmas. Participants will also benefit from the opportunity to benchmark with the audience through anonymous audience polling.
- Navigating misalignment in Russia and China-related designations and real-world strategies for balancing conflicting regulatory obligations
- The impact of blocking statutes, licensing differences, and enforcement asymmetry — how to manage diverging guidance from OFAC, OFSI, and the European Commission
- Responding to regulatory inquiries across jurisdictions, and best practices for documentation, escalation, and legal positioning
- How to build resilient compliance frameworks for multijurisdictional exposure in an era of growing geopolitical fragmentation
Networking Break
Complying with New OFAC Recordkeeping and Retention Requirements: The Lesser-Known Pitfalls to Avoid
Logan PerelSenior CounselWells FargoFormer Attorney-Advisor (Foreign Assets Control), Office of Foreign Assets Control
U.S. Department of Treasury
Michelle ConnellyVP, Legal, Global Sanctions & RegulatoryCrédit Agricole CIB
Adam M. SmithPartnerGibson, Dunn & Crutcher LLPFormer Senior Advisor, U.S. Department of the Treasury
The shift from a 5-year to a 10-year retention period for sanctions-related recordkeeping has prompted companies and financial institutions to re-evaluate their recordkeeping systems and compliance frameworks.
Topics of discussion will include:
- Addressing data privacy concerns, particularly in jurisdictions with strict data privacy regulations like GDPR, complicating global compliance efforts
- Exploring the challenges of complex record retrieval
- Best practices for updating internal compliance systems to stay in line with the 10-year retention mandate
- Effectively managing the 10-year retention period through advanced technology solutions, including data storage, retrieval systems, and automated compliance tools
- Ensuring that records are properly maintained, secured, and easily accessible for audits or investigations
Networking Luncheon
KEYNOTE: BUREAU OF INDUSTRY AND SECURITY (BIS)
LATIN AMERICA
The DOJ Focus on Cartels and TCOs and the Interplay with Sanctions Enforcement: Updating Risk Assessments, Due Diligence and Monitoring for Third Parties, Vessels and Supply Chains
Madina IsrailovaDeputy Head of Sanctions, AmericasUBS
Samantha SultoonSVP, Senior Financial Crimes DirectorTruistFormer Director for Threat Finance & Sanctions, The White House
Andrew C. AdamsPartnerSteptoe LLP
Former Director, Task Force KleptoCapture
U.S. Department of Justice
The DOJ is signaling a renewed and sharpened focus on transnational criminal organizations (TCOs) and drug cartels—especially across Latin America and Mexico. Financial institutions, payment processors, logistics networks, and compliance officers are being pulled into the front lines of this priority, facing increasing scrutiny for their exposure to cartel-linked activity, including illicit finance, trade-based money laundering, and maritime sanctions evasion.
This panel will examine how enforcement priorities are changing, what compliance teams should be doing now, and where risk exposure is growing fastest.
- How DOJ’s reallocation of enforcement resources is reshaping the risk landscape—especially in transportation, financial flows, and cargo trade
- How U.S. enforcement agencies are focusing on Latin American banks for suspected facilitation of cartel-linked transactions, and how U.S. and Mexican authorities are coordinating behind the scenes
- Exploring practical red flags and real-world typologies, including falsified documents, vessel AIS spoofing, and supply chain due diligence in regions with FTO presence
- What U.S. regulators expect from FIs, trade finance institutions, and logistics players in screening for export control and sanctions compliance, including guidance on voluntary self-disclosures
Networking Break
The Rise of Outbound Investment Rules and the Intersection with Sanctions and Export Controls: New Legal and Compliance Considerations Affecting Transactions
Ginny HildrethDirector, Financial Crime LegalBarclays
Polina SamuelSVP, Head of U.S. Sanctions AdvisoryHSBC
Bijan GanjiPartnerMilbank LLP
From executive orders targeting high-tech sectors to the growing integration of sanctions, export controls, and investment reviews, the pressure is on to align cross-border activity with national security priorities. This panel will unpack what we know so far, where the rules may be headed, and how sanctions teams are increasingly pulled into the outbound investment conversation.
- Exploring the latest Executive Orders and agency guidance shaping outbound investment rules—what’s currently covered, and what may be added
- How outbound investment rules are overlapping with existing sanctions and export control frameworks—especially in sensitive sectors like AI, semiconductors, and dual-use technologies
- How legal, sanctions, and compliance teams are adapting to new responsibilities for assessing outbound investments—and what best practices are emerging
- How the U.S. outbound investment regime is influencing multilateral discussions, industry advocacy efforts, and parallel regulatory developments in allied jurisdictions
- Preparing for possible new EU outbound investment rules
- Understanding the latest manipulation tactics leveraged in pig butchering and other cyber fraud trends
- Best practices for facilitating reporting related to pig butchering scams, including technical cyber indicators related to cyber events that should be included in related Suspicious Activity Reporting (SARs)
- How organizations are leveraging blockchain and AI to investigate crypto fraud scams and trends