Pre-Conference Workshops

Workshop A — Russia: A Complete Roadmap to U.S., U.K., and EU Sanctions Restrictions

Dec 5, 2022 9:00am – 12:30pm

Speakers

Charlotte Baskin-Gerwitz
Sanctions Compliance Officer
Office of Foreign Assets Control

U.S. Department of the Treasury

Ajay Kuntamukkala
Partner
Hogan Lovells

Matthias Vangenechten
Associate
White & Case LLP

Workshop B — A Practical Guide to Sanctions Screening: How to Leverage Technology to Meet OFAC Expectations and Resolve High Stakes Challenges

Dec 5, 2022 1:30pm – 5:00pm

Speakers

Galina Free
Director- Global Trade Compliance
Danaher Corporation

Silvia Kleer
Export Controls and Sanctions Counsel
Ford

Day 1 - Tuesday, December 6, 2022

8:00
Registration and Continental Breakfast
9:00
Conference Co-Chairs’ Opening Remarks
9:15
The Next Phase of Russia Sanctions: What It Takes to Manage the Newest, Emerging Challenges Affecting Organizations Staying In and Out of Russia
10:30
Networking Break
10:45

Updating Your Sanctions Compliance Playbook

The Biggest Lessons Learned Over the Past Year and Key Takeaways for the Year Ahead
11:30
The Verdict on Economic, Political, and National Security Tools Used to Advance Foreign Policy Goals: Are They Working?
12:30
Networking Lunch
1:45
China: Staying Abreast of the Rapidly Changing Sanctions and Export Control Landscapes
2:45
The Anticipated Spike in Mergers & Acquisitions Amid Inflation: The Lesser-Known Sanctions Considerations Pre- and Post-Acquisition
3:30
Networking Break
3:45

Keynote Address

Keynote Address
4:15
Cross-Industry Benchmarking: Comparing and Contrasting Compliance Best Practices-and Their Cross-Industry Application
5:00
Networking Reception
6:00
End of Day One

Day 2 - Wednesday, December 7, 2022

8:00
Women in Sanctions Networking Breakfast – Open to All
8:15
Continental Breakfast
8:55
Conference Co-Chairs Opening Remarks
9:00

Government Panel

Regulator Panel: How the Agencies Work Together On Enforcement Activities
9:45

Focus on Exits & Divestitures

Resolving Surprising Business Challenges You Might Encounter When Winding Down Your Business in Russia
10:30
Networking Break
10:45

View from UK and Europe

How OFSI and the EU Commission are Working Collectively on Russia Sanctions
11:45

Case Study

Behind the Scenes View of Seizing Russian Oligarch Assets
12:30
Networking Lunch
1:45
Sanctions Audits, Regulatory Exams and Investigations: Tools to Strengthen Internal Controls, Evaluate Risk and Test Your Sanctions Compliance Program
2:30
Sanctions Enforcement in the Digital Age: Adapting Your Program to Manage New Compliance and Enforcement Risks
3:15
Networking Break
3:30
Country-Specific Developments to Keep on Your Radar: Iran, Venezuela, Cuba, and Burma
4:15
What’s Next: Key Issues to Watch in 2023
5:00
End of Conference

Day 1 - Tuesday, December 6, 2022

8:00
Registration and Continental Breakfast
9:00
Conference Co-Chairs’ Opening Remarks

Brian O’Toole
Senior Financial Crimes Director
Truist Financial Corporation

Eric S. Volkman
Partner
Latham & Watkins LLP

9:15
The Next Phase of Russia Sanctions: What It Takes to Manage the Newest, Emerging Challenges Affecting Organizations Staying In and Out of Russia

Satish Kini
Partner
Debovoise & Plimpton LLP

Brandon Reddington
Vice President, Co-Head of Government Sanctions Group
Goldman Sachs

Brian O’Toole
Senior Financial Crimes Director
Truist Financial Corporation

Ted Starishevsky
Vice President, Global Head of Sanctions and & Anti-Corruption
American Express

  • Key takeaways from the latest sanctions issued
  • View from Russia- current business landscape
  • New investment rules, corporate consulting and other non-list-based sanctions
  • Best practices for returning money and making final payments
  • Challenges to getting Russian government approval
  • Impact on lumber, steel, and energy industries
  • Managing conflicts of law that have come to the forefront
  • Keeping track of potential Russia counter-sanctions

10:30
Networking Break
10:45

Updating Your Sanctions Compliance Playbook

The Biggest Lessons Learned Over the Past Year and Key Takeaways for the Year Ahead

Hank Corscadden
Trade Counsel
Microsoft Corporation

Lloyd Grove
Managing Counsel, Sanctions and Trade Compliance
Lucid Motors

Laura Miller
Director, Sanctions Implementation
Citi

Join a highly anticipated, cross-industry discussion on the key compliance revelations in the wake of Russia sanctions. With much uncertainty still to come, don’t miss this chance to hear practical takeaways to ensure that your compliance team is ready for the next wave of sanctions. Topics will include:

  • Managing teams in different regions and the associated risk factors
  • Lessons learned to ensure readiness and capability of your program to adapt to a changing landscape
  • Procedures – one size does not fit all
  • Working with your business units collaboratively
  • Keeping a watchful eye on China

11:30
The Verdict on Economic, Political, and National Security Tools Used to Advance Foreign Policy Goals: Are They Working?

Jessica Bartlett
Global Head of Financial Crime Legal
Barclays

Edward Fishman
Senior Researcher,
Adjunct Professor of International and Public Affairs

Columbia University

Rachel Ziemba
Adjunct Senior Fellow
Center for a New American Security (CNAS)

  • Latest on economic state craft and sanctions
  • Effect of Inflation and changing gas prices
  • Predictions on upcoming elections
  • Measuring the impact of sanctions, trade and export controls
  • Impact of China and Russia working closer together

12:30
Networking Lunch
1:45
China: Staying Abreast of the Rapidly Changing Sanctions and Export Control Landscapes

Judith Lee
Partner
Gibson, Dunn & Crutcher LLP

Tory Tibor
Global Head of Trade
Olympus Corporation

  • China sanctions lessons have been learned from Russia?
  • Understanding China’s response to the war in Ukraine
  • Staying compliant with increasing export control regulations
  • Managing new forced labor risks amid the UFLPA
  • Discussing the need to have a contingency plan in place for your Chinese operations
  • Risk of China counter-sanctions

2:45
The Anticipated Spike in Mergers & Acquisitions Amid Inflation: The Lesser-Known Sanctions Considerations Pre- and Post-Acquisition

James Ackerman
Assistant General Counsel, Corporate Global Trade
Raytheon

Chris Pitcher
Vice President, Global Sanctions and Export Controls
Mastercard

  • Due diligence: Finding unknown/undisclosed sanctions risk exposure
  • Avoiding a potential sanctions violation as soon as the deal is done
  • Tips for making a voluntary disclosure if necessary
  • Considerations for alliances and JVs
  • Tips to merge compliance teams
  • Strategies to integrate separate compliance programs together in a short time frame

3:30
Networking Break
3:45

Keynote Address

Keynote Address

Elizabeth Rosenberg
Assistant Secretary for Terrorist Financing and Financial Crimes
U.S. Department of the Treasury

4:15
Cross-Industry Benchmarking: Comparing and Contrasting Compliance Best Practices-and Their Cross-Industry Application

Chad Breckinridge
Vice President and Deputy General Counsel
Cisco

Claudia Botero Götz
Senior Lawyer
Gard North America Inc.

Neena Shenai
Senior Legal Director & Chief Counsel for Global Trade
Medtronic

Sanctions considerations vary greatly from industry to industry. During this interactive session, we will hear from senior representatives from the insurance, life sciences and technology space. They will share the specific pain points for their industry and how they are working together to resolve these challenges.

5:00
Networking Reception
6:00
End of Day One

Day 2 - Wednesday, December 7, 2022

8:00
Women in Sanctions Networking Breakfast – Open to All
8:15
Continental Breakfast
8:55
Conference Co-Chairs Opening Remarks

Elizabeth Fitzpatrick
Vice President and General Counsel, Global Trade Sanctions
Honeywell

Eric S. Volkman
Partner
Latham & Watkins LLP

9:00

Government Panel

Regulator Panel: How the Agencies Work Together On Enforcement Activities

Opher Shweiki
Chief Counsel for Industry and Security
U.S. Department of Commerce

John Sonderman
Director, Office of Export Enforcement
Bureau of Industry and Security

U.S. Department of Commerce

9:45

Focus on Exits & Divestitures

Resolving Surprising Business Challenges You Might Encounter When Winding Down Your Business in Russia

Elizabeth Fitzpatrick
Vice President and General Counsel, Global Trade Sanctions
Honeywell

James Prince
Chief Compliance Officer & VP Legal Sustainability
Baker Hughes

Eric S. Volkman
Partner
Latham & Watkins LLP

  • How to exit or cancel existing contracts
  • Best practices for winding down assets
  • Disposing of assets
  • Managing legal and reputational risks
  • Concrete examples of unexpected issues that have arisen-and how they were handled

10:30
Networking Break
10:45

View from UK and Europe

How OFSI and the EU Commission are Working Collectively on Russia Sanctions

Alina Nedea
Head of Sanctions, DG, FISMA
European Commission

Giles Thomson
Office of Financial Sanctions Implementation
HM Treasury

11:45

Case Study

Behind the Scenes View of Seizing Russian Oligarch Assets

Andrew Adams
Director for KleptoCapture Task Force
U.S. Department of Justice

George Ionnidis
Assistant Special Agent in Charge
Homeland Security Investigations

Sharon Cohen Levin
Partner
Sullivan & Cromwell LLP

  • Issuing warrants to all financial institutions to surrender blocked assets
  • Seizing yachts and planes
  • Working with other countries for enforcement (and asset freezing) purposes
  • How the agencies work together
  • What happens to the seized property?

12:30
Networking Lunch
1:45
Sanctions Audits, Regulatory Exams and Investigations: Tools to Strengthen Internal Controls, Evaluate Risk and Test Your Sanctions Compliance Program

Stephanie Liantonio
Deputy Head of Sanctions & Embargoes, Americas
Deutsche Bank

Alice Rojas
Director, Deputy OFAC Officer, Head of Sanctions Investigations
Societe Generale Corporate and Investment Banking – SGCIB

  • Discuss the timing and scope of sanctions audits
  • Overview of the sanctions audit program
  • Hear best practices to get ready for your regulatory exams
  • Setting up an effective investigative process
  • What the regulators expect from your sanctions compliance program

2:30
Sanctions Enforcement in the Digital Age: Adapting Your Program to Manage New Compliance and Enforcement Risks

Ryan Fayhee
Partner
Hughes Hubbard & Reed LLP

Elizabeth Hein
Associate General Counsel- Privacy, Product and Compliance
Foursquare Labs, Inc

David Lee
Director of Sanctions Compliance
Circle Internet Financial, LLC

Evan Norris
Partner
Cravath, Swaine & Moore LLP

  • Leveraging data efficiently to address sanctions compliance risks
  • Balancing privacy interests against user abuses
  • Rule making and other policy initiatives
  • Recent sanctions evasion techniques

3:15
Networking Break
3:30
Country-Specific Developments to Keep on Your Radar: Iran, Venezuela, Cuba, and Burma

Nnedinma Ifudu Nweke
Partner
Akin Gump Strauss Hauer & Feld

Perry S. Bechky
Partner
Berliner Corcoran & Rowe LLP

  • Current status of the Iran negotiations
  • Specific licenses required
  • Cuba – very few tweaks to educational travel and remittances
  • Drug enforcement actions and designations
  • What is the impact of the American Express penalty?

4:15
What’s Next: Key Issues to Watch in 2023

Dana Begin
Head of Global Sanctions and Anti-Corruption
Fidelity Investments

Darshak Dholakia
Partner
Dechert LLP

Sean M. Thornton
Legal- Head of Legal Financial Security (US)
BNP Paribas

  • Keeping a watchful eye on UAE, Turkey, India and Pakistan
  • Implications of Japan’s response to the war in Ukraine
  • New activity with terrorist financing in Afghanistan
  • Increased attention placed on ESG issues
  • Navigating the increased global AML regulatory environment

5:00
End of Conference

Women in Sanctions Network (WSN) Party
Join our informal gathering for members of the Women in Sanctions Network to meet and mingle. Open to WSN members only.

Dec 5, 2022 6:00pm – 7:00pm

Workshop A — Russia: A Complete Roadmap to U.S., U.K., and EU Sanctions Restrictions

Dec 5, 2022 9:00am – 12:30pm

Charlotte Baskin-Gerwitz
Sanctions Compliance Officer
Office of Foreign Assets Control

U.S. Department of the Treasury

Ajay Kuntamukkala
Partner
Hogan Lovells

Matthias Vangenechten
Associate
White & Case LLP

What is it about?

This in-depth workshop is for those new to sanctions, as well as experienced practitioners looking for a refresher on the intricacies and practical impact of new, evolving Russia sanctions from February 24th to the present.

In addition to a comprehensive survey of key developments, participants will benefit from an opportunity to ask questions in a smaller-group, “closed door” setting and gain speaker-prepared reference materials.

Key issues to be covered:

  • How companies are staying compliant with new Russia sanctions
  • What are the key differences between the U.S., UK and EU?
  • What are the important takeaways from the EU?
  • What licenses are available?
  • Special considerations for humanitarian support
  • Key sanctions targeting financial institutions, insurance and energy
  • Managing the interplay between export controls and sanctions
  • Minimizing potential multi-jurisdictional enforcement risks
  • Potential Russia counter-sanctions
  • Impact on shipping, manufactured goods and technology

Workshop B — A Practical Guide to Sanctions Screening: How to Leverage Technology to Meet OFAC Expectations and Resolve High Stakes Challenges

Dec 5, 2022 1:30pm – 5:00pm

Galina Free
Director- Global Trade Compliance
Danaher Corporation

Silvia Kleer
Export Controls and Sanctions Counsel
Ford

What is it about?

Sanctions professionals are working diligently to strengthen their screening programs amid new guidance from OFAC on IP blocking, geofencing, and new designations. With so many recent developments, this workshop will provide an updated screening roadmap and the latest best practices for optimizing your program. This hands-on workshop will be interactive as the participants share their screening challenges and benchmark with each other.

Topics to be covered include:

  • Beneficial ownership/50% rule best practices
  • Managing language differences
  • Implications of MidFirst Bank enforcement actions on a misunderstanding of the frequency of its vendor’s screening of new names added to the SDN List against its existing customer base
  • Techniques to ensure adequate screening for Russia new investment and no-list based sanctions
  • Using software to eliminate duplicates, store your records and stay compliant with the latest privacy restrictions
  • Concrete examples of upgraded screening in response to rapidly changing developments, SDN and more list additions/removals
  • Dealing with false positives in your screening activities