AFC Trends & Typologies - Export Controls Ep.3: Evasion Case Studies
Overview
Combating the circumvention of strategic trade and export control restrictions remains a key area of focus for regulators, especially in the context of Russia’s aggression against Ukraine. In keeping with its promise to step up enforcement, the U.S. government launched in early 2022 a multi-agency initiative called the Disruptive Technology Strike Force, which has so far prosecuted over three dozen cases. Those have included both successful and failed attempts at export control evasion for the benefit of Russia, Iran and China. This third, and last, episode in the Strategic Trade and Export Control series will take a close look at three enforcement actions in order to answer the following questions: What happened? What went wrong? What actions could have prevented the wrongdoing? What are the key learnings?
Learning Objectives
Examining three export control enforcement cases
Identifying key compliance points of failure and what led to them
Understanding which mitigation measures would have been most helpful in effectively detecting and/or preventing evasive activity
Standard Chartered Bank
Morgan, Lewis & Bockius LLP
Who Should Attend?
- ABC Professionals
- Attorneys/Prosecutors
- Investigators
- Risk Manager
- Sanctions
Topics
- Sanctions and Non-proliferation Finance
- Money Laundering Typologies
- Transaction Monitoring
- KYC
- Screening
- Trade-based Money Laundering
- Trade Finance
- Anti-Money Laundering and Countering the Finance of Terrorism
- Financial Crime Controls
- Banking Products and Services
Industries
- Investment Banks
- Logistics companies
- Non-Bank Financial Institutions
- Luxury Retail
- Banks
- Financial Services
- Corporates
- Retail and Entertainment
Regions
- Global Or International Organizations
Level
- Intermediate
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