Sanctions Masterclass: Jurisdiction and Sanctions Regimes: Rapid-Fire Update (Russia)
Russia’s invasion of Ukraine on 24th February has led to widespread international condemnation and the imposition of an unprecedented and unparalleled raft of hard-hitting sanctions measures, including the disconnection of SWIFT for certain Russian banks. It is essential, in this environment, for financial institutions and organizations with a Russia nexus to map their exposure to sanctioned individuals, entities, or sectors, and adequately understand the potential risks faced.
Held in partnership with Control Risks, this 2-hour Masterclass will take a deep-dive into the changing business risk environment involving Russia and practical elements organizations need to consider in assessing their Russia exposure and potential reputational, legal and sanctions risks. This webinar forms part of our Ukraine Crisis rapid-response initiative to support the sanctions and wider compliance community.
Understanding escalating sanctions and their impact on the evolving business risk landscape in, and connected, to Russia.
Assessing what actions organizations with potential exposure should undertake, such as scrutinizing due diligence models, mapping institutional vulnerabilities, testing adequacy of screening protocols and ensuring robust oversight of export prohibitions.
Charting anticipated next steps in the geopolitical landscape, including further sanctions against Russia, trade displacement due to measures already implemented, and potential Russian countermeasures.
Financial Compliance Controls (FCC)
Ultimate Beneficial Ownership (UBO)
AML Compliance Skills and KYC/CDD
Governance and Oversight
Sanctions and Non-Proliferation