Introduction to Sanctions: A Comprehensive 101 Guide
This course provides an in-depth exploration of sanctions and their critical role in global trade and finance. Geared toward professionals in finance, compliance, and international business, this course aims to equip participants with the knowledge and practical skills necessary to navigate the complexities of sanctions regimes.
By the end of the course, participants will have a solid understanding of various sanctions regimes and their practical impact on global business. They’ll also gain actionable strategies for sanctions compliance and risk mitigation within their organizations.
Agenda
13:00
WELCOME & INTRODUCTION
- Welcome Message
- Introduction to Sanctions
13:10
OVERVIEW OF EU, UN, AND US SANCTIONS
- UN Sanctions
- Understand the decision-making structure and current sanctions imposed by the United Nations.
- EU Sanctions
- Delve into the European Union’s sanctions policy and how it contrasts with other regimes.
- US Sanctions
- Learn about the US Office of Foreign Assets Control (OFAC), its key sanctions programs, and the global role of the US dollar in secondary sanctions.
Aleksi Pursiainen | CEO, Solid Plan Consulting
13:35
TYPES OF SANCTIONS
- Economic Sanctions
- Explore financial and trade restrictions, with case studies of notable sanctions (e.g., Iran, Russia).
- Sectoral Sanctions
- Learn how sanctions target specific industries (e.g., energy, defense) and their effect on global markets.
- Key Sanctions Regimes
- Overview of current key sanctions regimes such as Russia and Iran
Aleksi Pursiainen | CEO, Solid Plan Consulting
13:55
PRACTICAL IMPLICATIONS FOR BUSINESSES
- Compliance Requirements
- Grasp the importance of due diligence, KYC, and penalties for non-compliance.
- Case Studies
- Real-world examples of businesses facing legal repercussions due to sanctions violations.
Kateryna Shapran | Foreign Associate, Dittmar & Indrenius
14:10
COMPLIANCE STRATEGIES AND BEST PRACTICES
- Developing a Sanctions Compliance Program
- Learn the key elements and tools needed to develop an effective compliance program.
- Mitigating Risks
- Discover strategies for reducing exposure to sanctions and the critical role of legal and compliance teams.
Kateryna Shapran | Foreign Associate, Dittmar & Indrenius
14:30
INTERACTIVE Q&A
- Open Floor for Questions
14:45
CONCLUSIONS & WRAP UP
- Key takeaways
Experts 2024
Kateryna Shapran
Dittmar & Indrenius
Foreign Associate
Aleksi Pursiainen
Solid Plan Consulting
CEORead more
Together with
