sanctions

Sanctions Monthly Update – June 4, 2021

Course Duration: 10 minutes
Course Points: 10

International sanctions lawyer, Nick Turner, Of Counsel with Steptoe and Johnson LLP provides a monthly round-up of the recent developments in economic sanctions in May 2021.

Updates covered by Nick:

  • Amendment to Executive Order 13959 around Communist Chinese Military Companies (CCMCs)
  • Co-ordinated action from the US and European Union expected against Belarus
  • The State Administrative Council (SAC) of Myanmar and 16 related individuals sanctioned by OFAC
  • Report issued by the US Treasury Department under section 5B of the Hong Kong Autonomy Act
  • Opinion from the Advocate General of the EU Court of Justice on the interpretation of the EU Blocking Statute in the context of US secondary sanctions on Iran

Expert Speak: Nicholas Turner, Steptoe & Johnson

Course Duration: 23 minutes
Course Points: 20

The Philippines is exposed to targeted sanctions risks from specially designated nationals (SDNs) blocking sanctions for specific terrorist groups operating in the Philippines, and comprehensive sanctions risks from Iran, North Korea and Cuba in particular due to trade relationships with these countries. In this regard, the speaker talked about the importance of having KYC controls, verifying beneficial owners and having effective name screening and re-screening in place. Intermediaries must, in addition,
review shipping documents, track vessels and consider red flag indicators.

This presentation was part of the AMLC-Fintelekt AML/CTF Summit Philippines 2020, conducted virtually from November 23rd – 27th, 2020.

Expert Speak: Tom Keatinge, Royal United Services Institute (RUSI)

Course Duration: 56 minutes
Course Points: 55

Tom Keatinge, Director, Centre for Financial Crime and Security Studies, Royal United Services Institute (RUSI) talked about Targeted Financial Sanctions Obligations on Terrorism, Terrorism Financing, and Proliferation Financing.

This presentation was part of the AMLC-Fintelekt AML/CTF Summit Philippines 2020, conducted virtually from November 23rd – 27th, 2020.

Sanctions Monthly Update – May 6, 2021

Course Duration: 10 minutes
Course Points: 10

International sanctions lawyer, Nick Turner, Of Counsel with Steptoe and Johnson LLP provides a monthly round-up of the recent developments in economic sanctions in April and the first week of May 2021. 

Learn about:

  • Preliminary injunction in favour of Chinese company Luokung Technology
  • Russia-related sanctions package under Executive Order 14024 and Directive 1
  • Sanctions on Myanmar military entities
  • UK government’s Anti-Corruption Sanctions Regime
  • Recent OFAC sanctions enforcement cases

Sanctions Top-5 for the week ending March 26, 2021 by Nicholas Turner

Course Duration: 4 minutes
Course Points: 5

This series on Sanctions Top-5 by Nicholas Turner, Of Counsel, Steptoe & Johnson LLP covers top five sanctions related news across the globe, with an episode released each week.

In the week ending March 26, 2021, China sanctions US, EU, UK, Canadian officials; US teams up with EU, UK, Canada for Xinjiang sanctions; US and UK sanction Myanmar military companies; Canada piles on with Russia sanctions; Another OFAC settlement.

Sanctions Top-5 for the week ending March 19, 2021 by Nicholas Turner

Course Duration: 4 minutes
Course Points: 5

This series on Sanctions Top-5 by Nicholas Turner, Of Counsel, Steptoe & Johnson LLP covers top five sanctions related news across the globe, with an episode released each week.

In the week ending March 19, 2021, EU, US, UK, Canada announce Xinjiang-related sanctions. Also in this week’s sanctions news: State Department goes to the mat with Hong Kong sanctions report; OFAC settles with Ohio company over Iran shipments; Malaysia extradites North Korean on US charges; Man gets hefty prison sentence for Venezuela sanctions breaches.

Sanctions Top-5 for the week ending March 12, 2021 by Nicholas Turner

Course Duration: 4 minutes
Course Points: 5

This series on Sanctions Top-5 by Nicholas Turner, Of Counsel, Steptoe & Johnson LLP covers top five sanctions related news across the globe, with an episode released each week.

In the week ending March 12, 2021, Xiaomi wins reprieve from securities ban. Also in this week’s sanctions news: OFAC sanctions kids of Myanmar coup general; Biden reimposes sanctions on billionaire Dan Gertler; ISIS affiliates designated as terrorist organizations; State Department outlaws visas for Iran and Ukraine officials.

Sanctions Top-5 for the week ending March 5, 2021 by Nicholas Turner

Course Duration: 4 minutes
Course Points: 5

This series on Sanctions Top-5 by Nicholas Turner, Of Counsel, Steptoe & Johnson LLP covers top five sanctions related news across the globe, with an episode released each week.

In the week ending March 5, 2021, Biden unveils big Russia sanctions package. Also in this week’s sanctions news: EU adopts its own Russia sanctions; Myanmar military companies in the crosshairs; OFAC targets Yemen militants and Mexico narcotics trafficker.

Certificate Course: What is an Executive Order?

In this certificate course, the trainer Nicholas Turner, an acclaimed Sanctions lawyer, gives us an understanding of an ‘Executive Order’ in U.S. Sanctions – what is it, what it entails, how it is modified and what comes next.

Updated: January 2021
Level: Beginner
Inclusions: Assessment, Completion Certificate
Duration: 15 minutes
Points: 30

Trainer: Nicholas Turner, Of Counsel, Steptoe and Johnson
View Trainer Bio


Webinar: Sanctions

Course Duration: 59 minutes
Course Points: 55

This webinar is part of the webinar series run by Fintelekt Advisory Services in association with the Asian Bankers Association (ABA). The topic for this webinar is “Sanctions” and was aired on May 6, 2020.

The webinar discussed the evolution in sanctions over the last few years, recent enforcement trends, the implications on banks’ businesses, keeping track of frequent changes on global sanctions lists and key considerations for banks’ sanctions compliance programmes.

The webinar also solicited insights from the speakers on trending issues such as whether a global sanctions ‘ceasefire’ is required under humanitarian grounds to allow sanctioned nations to tackle the pandemic, how should sanctioned countries be protected from irreversible economic damage due to sanctions, and perceived international sanctions quid pro quo leniency attempts. 

Speakers:

  • HALA BOU ALWAN, Founder & CEO, Hala Bou Alwan Consultancy, UAE
  • NICHOLAS TURNER, Of Counsel, Steptoe & Johnson, LLP
  • SURENDRA THAPA, President & Founder, Global Intelligence Analysis Corporation, New York
  • VINCENT GAUDEL, CGSS, Compliance Expert, Accuity
Scroll to Top