Day Two Programme

Conference at a glance. Day 1

13th September 2011 - Conference Day 2

08.00 – 08.55	Coffee and pastries – networking
08.55 – 09.00	Welcome address - day 2
09.00 – 09.40	EU Sanctions – Implementation of the Sanctions framework across the EU Legal Framework Implementation of the European Sanctions including EU regulation 961/2010. EU Sanctions updates – what's on the agenda and policy priorities for 2011/2012? Speaker: Stéphane Chardon, Administrator for Sanctions and Kimberley process, European Commission, EU Commission
09.40 – 10.20	US Sanctions – Enforcement, extra-territorial reach and licensing Role and objectives of the Office of Foreign Assets Control OFAC updates and key objectives for 2011/2012 Scope and application of comprehensive Iran Sanctions, Accountability and Divestment Act (CISADA) on European business and US business and affiliates operating outside of the US. What is the special rule and how does it work under CISADA? Licensing requirements for non-US entities – how do they work? Lessons learned from recent US investigations and fines against Financial Institutions in stripping cases Establishing a violation on the basis of what a company should have known rather than what they actually know Speaker: Alison Cooper, Senior Manager Sanctions Compliance -PayPal and Former Enforcement Section Chief - OFAC
10.20 – 10.40	Networking and refreshments
10.40 – 11.20	Implementation and monitoring of an effective enterprise-wide sanctions programme Understand the business operations and designing the model that fits Pros and cons of a parallel compliance programmes that work across jurisdictions Balancing the benefits or risks of a single compliance programme to suit all business areas When to monitor – how often? Adopting lessons learned from recent enforcement actions Leveraging off existing control environments to bring it all together Staff Training and communications – how to ensure a consistent programme that is understood and applied across the organisation When and how to update your compliance programme to address updates particularly in the Sanctions regime Speakers: Graham Hooper, Head of Financial Crime, Lloyds Banking Group
11.20 – 12.00	Commercial and Trade Sanctions – key risks and controls Sanctions regimes - intentions and effects Trade finance risks Information asymmetry – what do you know that the authorities do not (and vice versa)? Screening – what and when to screen? Speaker: John Howell , John Howell & Company Ltd
12.00 – 12.40	Tailoring effective screening programmes to prevent and detect business specific risks when dealing with Sanctions Broad nature of sanctions and impact on the business Absolute versus risk based Risk Assessment of the business when it comes to Sanctions Screening tools – customers and transactions Lessons learned from the sanctions imposed on Iran and Libya, etc Speaker: Martin Vogt, the Head of the Global Sanctions Office - Commerzbank
12.40 – 12:55	Sponsor update
12:55 – 13.00	Chair close session – housekeeping
13.00 - 14.00	Lunch
14:00 - 14:05	Chair Welcome back
14.05 – 14.35	Harmonisation project – new data model and its long term meaning for Sanctions screening Work underway by the UN in reforming list management New data model Speaker: Victoria Meyer, Harmonisation project, Consultant to the UN 1267 Committee
14.35 – 15.15	Legal framework – implementation of the sanctions regime in Ireland and the UK Sanctions legislation and legal background Update on UN, EU, HMT and Irish Targeted versus activity Dealing with the Competent Authorities - Trade versus financial Where do the banks sit? Speakers: Paula Kelleher, Partner - Dillon Eustace Emma Radmore, Senior Associate and Professional Support Lawyer, SNR Denton
15.15 – 15.35	Networking and refreshments
15.35 – 16.20	Global sanctions and the Arab spring An Ever Changing Landscape The Practical Impact Update on Obligations Going forward Speakers: Zia Ullah, Partner, Pannone LLP
16.20 – 17.00	Panel sessions
17.00 – 17.15	Closing remarks