Following the Russian invasion of Ukraine, and subsequently the on-going war, the amount of sanctions against individuals, entities and sectors have swept the world like a tsunami.
In this panel discussion hosted by ACAMS UK Chapter and sponsored by Exiger, we dive into some of the complexities of the current sanctions landscape:
- The UK response to the Ukraine crisis – focus areas, any exclusions?, challenges
- Differences across the world – key differences, industry implementation challenges
- Practitioners’ risks – challenges of hidden sanctions nexus in client structures and investments
- The use of technology to uncover hidden sanctions nexus
The panel will also discuss the impact of recently issued:
- OFSI enforcement and monetary penalties for breaches of financial sanctions Guidance
- Economic Crime (Transparency and Enforcement) Bill
Learn more about this upcoming event here.
The 2022 Sanctions Tsunami:
UK Strategy, Industry Challenges, and the Implications of Getting It Wrong
July 13th, 2022 | 6:30 PM BST
Opening Remarks:
Katarina Cook, Head of Financial Crime & MLRO, Brewin Dolphin & Co-Chair, ACAMS UK Chapter
Moderator:
Aamir Hanif, EMEA Financial Crimes / UK MLRO, Stripe & Programming Director, ACAMS UK Chapter
Featured Speakers:
- Abs Ghosh, Associate Managing Director, Exiger
- Justine Walker, Global Head of Sanctions, Compliance and Risk, ACAMS
- Giles Thomson, Director for Financial Sanctions Implementation (OFSI) and Economic Crime, HM Treasury
- Ray Blake, Director, Dark Money Files
About ACAMS UK Chapter
The ACAMS United Kingdom Chapter was formally established on 14 March 2011. The objective of the chapter is to support ACAMS in its mission to advance the professional knowledge, skills and experience of those dedicated to the prevention and detection of money laundering.
In addition, the chapter will:
- Provide a United Kingdom perspective and input into regional and international standards for the detection and prevention of money laundering and terrorist financing
- Provide networking platforms through which AML/CTF professionals collaborate with their peers throughout the United Kingdom
- Deliver United Kingdom focused member events
