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    Trends in Financial Crimes, Sanctions, + Export Controls Compliance: Looking Ahead to 2021 and Beyond

    Trends in Financial Crimes, Sanctions, and Export Controls Compliance

    Featuring Adam Szubin of Sullivan & Cromwell, former Acting Under Secretary of Treasury & former Director of OFAC The pace and complexity of sanctions actions and new export control restrictions in 2020  have shaken traditional approaches to risk management.  As industry leaders evaluate the tools and investments needed to address the evolving regulatory landscape, the change of administration in Washington gives rise to additional questions and uncertainties.  What initiatives from 2020 will be sustained or expanded, which programs will be rolled back, and how will the enforcement landscape evolve in 2021 and beyond? Join Kharon, Promontory, and leading industry experts as we explore recent changes, emerging trends, and look ahead to what is next. During the session, we will address the relationship between the following topics and industry:
    • China – the evolving U.S. regulatory and enforcement posture toward China – including the range of sanctions authorities, military end use and end user restrictions, and the use of, CBP Withhold Release Orders
    • Human Rights-Focused Sanctions – the  possible expanded use of GLOMAG and other human rights-focused actions by the United States and other nations to target human rights abuses
    • Iran – the likelihood of on new sanctions actions targeting Iran and its allies, and indicators for how a new JCPOA-style sanctions roll back may develop
    • Cryptocurrency – the movement of cryptocurrency into the mainstream financial system, methods used by illicit actors to exploit virtual currencies and evade sanctions, and the direction of the changing regulatory landscape


    Mar 09 2021


    12:00 pm - 1:30 pm