2019 was a complex year in global sanctions compliance, with increasing expansion, intensification, and divergence. Notable developments include the escalation of tensions between the US and Iran and accompanying US maximum pressure sanctions on Iran, ongoing Brexit uncertainties and complications, and increasing numbers of, and legal issues arising from, US secondary sanctions. 2020 has shown no let up, and in many has entered a new era with the evolving US-China relationship.

This session will examine some of the most complex trends in global sanctions compliance and the regulatory landscape going forward, for example recent US sanctions and Executive Orders targeted towards China and Hong Kong. Latest Iranian developments, including the triggering of the dispute resolution mechanism and next steps in the US desire for UN snapback. It will explore the sanctions trajectory for Russia and wider regimes leading up to and beyond the US elections and how this may impact the use of secondary sanctions and the increasingly prevalent conflict of law scenarios which result.

To conclude the panel will cover issues related to the sanctions consequences from the UK’s withdrawal from the European Union, particularly given that this will be a critical issue for the sanctions regulatory landscape as we move towards 2021.

*Only active ACAMS members in the UK will receive the 1 ACAMS Credit upon attendance of the entire event