Overview

In our June Sanctions Watch Justine and Sam are joined by John Smith, Partner at Morrison Foerster and former Director of OFAC. John talks us through the June 12 US sanctions package on Russia, including the implications for secondary sanctions risks for foreign financial institutions. Beyond this, the June Update covers the UK sanctions package on Russia, developments concerning seizure of frozen assets for Ukraine, and wider sanctions developments.

Contributors:

• Justine Walker – Global Head - Sanctions, Compliance and Risk, ACAMS
• John Smith – Partner and Co-head of National Security Practice, Morrison Foerster
• Sam Cousins - Senior Associate – Sanctions, Ransomware and Risk, ACAMS