UK Sanctions Regime Update: Recent Developments, Enforcement & Compliance

Introduction

The sanctions regime has become one of the most significant and rapidly evolving areas of legal and regulatory risk for UK businesses, pulling a wide range of companies into a new and complex regulatory regime.

Since the UK's departure from the European Union, the sanctions framework has developed into an increasingly complex and autonomous regime, with a growing body of legislation, regulatory guidance, enforcement activity and case law. World events have accelerated this development and brought sanctions compliance into sharp focus for corporations across a wide range of business areas, including those firms unaccustomed to compliance with the Money Laundering Regulations.

This new virtual classroom seminar will review the current UK sanctions regime, sanctions offences and the mechanisms for licensing and breach reporting.

Expert speaker Laurence Howland will examine recent developments, including regulatory updates, court decisions and the lessons that firms can draw from these developments. Consideration will also be given to how international sanctions requirements can affect UK firms and their clients.

This session is ideal for compliance staff, MLROS, MLCOS, finance directors and finance staff. It will also be of interest to professional services firms with sanctions compliance obligations or exposure to international transactions.

What You Will Learn

This live and interactive session will cover the following:

• SAMLA and the UK sanctions regime
• Sanctions offences
• Licensing and challenging designation
• Reporting obligations
• Updated OFSI guidance
• Significant court decisions
• Enforcement decisions
• Effective compliance
• The US regime and international sanctions risk

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.