Following unprecedented international sanctions in 2022 against the world’s 11th-largest economy at the time — Russia — the challenges presented by sanctions evasion have changed and escalated. Evolution in evasion techniques carries new compliance risks for financial institutions and the wider industry, requiring robust adaptation and constant vigilance — yet even the definition of sanctions evasion can vary considerably. Within this session, our expert panel will examine what constitutes sanctions evasion/circumvention. We will also examine current evasion threats, risks and typologies and how to identify them. This Masterclass will feature a live Q&A.