Ukraine and Heightened Sanctions Risk

The video discusses the global impact of sanctions on Russia due to the Ukraine conflict, highlighting the unprecedented scale and scope of these sanctions. It explores the challenges of compliance and evasion, regulatory expectations, and the risks overlooked by financial markets. The discussion also covers strategies for maintaining compliance, anticipating future risks, and managing third-party risks using sanctions screening tools.

What are the key differences in the current sanctions against Russia compared to previous sanctions imposed on other countries?

How has the scale and scope of sanctions against Russia changed the global economic landscape?

In what ways are sanctions evasion tactics being identified and managed?

What challenges do companies face in maintaining compliance with the evolving sanctions regime?

What role do task forces play in targeting illicit assets related to the sanctions?

How can compliance officers effectively assess their risk exposure in light of the current sanctions?

What best practices should organizations implement to navigate the complexities of sanctions compliance?

What are the implications of the sanctions on global food security and supply chains?

How do you foresee the future of sanctions evolving in response to the ongoing conflict?

What strategies can be employed to manage third-party risks in the context of sanctions?