In Focus: Sanctions Watch – January 2024

Overview

Recorded 22 January 2024

In our January Sanctions Watch – rebranded from our Monthly Updates - Justine, Sam and George are joined by John Smith, Partner at Morrison Foerster and former Director of OFAC. John talks us through Executive Order 14114, including the nature of the restrictions, the related guidance and licenses, and the significant implications this has for financial institutions. Beyond this, the panel discuss wider Russia sanctions updates, designations relating to the Houthi group, and our first ‘Tech Corner’ looking at ISO20022, alongside other developments over the past month.

Contributors:

• Justine Walker – Global Head - Sanctions, Compliance and Risk, ACAMS
• John Smith – Partner, Morrison Foerster Sam Cousins - Senior Associate – Sanctions, Ransomware and Risk, ACAMS
• George Voloshin – Global Expert – Anti-Financial Crime, ACAMS