While the U.S., UK and EU sanctions alignment has been strong, there are varied nuances that complicate compliance—and anticipated changes that could create more conflicts. This workshop will provide best practices for incorporating the finer points of EU, UK, and U.S. sanctions restrictions to ensure broad compliance and effective screening across the board. Participants will benefit from real-world takeaways for strengthening global policies, procedures and processes to ensure an agile programme that can pivot in the face of rapid change.

• Analysing the differences in the scale and pace of sanctions targets by the EU, UK, and U.S. (including the expanding extra-territorial scope of EU and UK sanctions)
• Navigating how the UK focus on sanctions targets outside of government diverges slightly from EU and U.S. areas of focus
• Understanding the key differences in ownership versus control when it comes to the divergence in sanctioning non-listed entities
• Differences in the scope and location restrictions on investment bans by the EU, UK and U.S.
• Contrasting the key differences between EU, UK, and U.S. sanctions rules with regard to winding down Russian operations
• The finer points of seeking authorisations and licences from EU, UK, and U.S. authorities
• Challenges of managing intra-group relations in the sanctions context (e.g., EU “best efforts” obligation, impact of multiple sanctions regimes applying to different entities within the same corporate group)
• Differences in the legal design and enforcement of circumvention prohibitions under EU, UK and U.S. sanctions