Following the end of the transition period for the UK’s exit from the European Union on 31st December 2020, the UK is in a new and unchartered phase of financial sanctions policy and compliance. In terms of Post-Brexit sanctions priorities, the British government has signaled its intent to use the UK’s newly acquired independent sanctions capabilities to target ‘the very worst of human rights abuses across the world’, and in July 2020 introduced a Magnitsky style global human rights sanctions regime. This session will look at what we can expect from UK government in terms of sanctions, likely alignment with the EU on key sanctions regimes, and what this ultimately means for the sanctions compliance community.

• Assess UK sanctions priorities for corruption and human rights

• Understand the intersection of sanctions with wider financial crime compliance

• Examine convergence and divergence from EU sanctions and the resulting compliance implications

• Consider anticipated UK approaches to sanctions enforcement and compliance frameworks

Moderator:

Arjun Ahluwalia, Head of Sanctions Advisory - Financial Crime Compliance, HSBC UK

Presenter:

Shereen George, Head of Sanctions CIB London, BNP Paribas

Freya Page, Head of Guidance and Engagement, Office of Financial Sanctions Implementation, HM Treasury

Jay Deans, Global Head of Sanctions, NatWest Group