Our panel highlighted some of the key developments in  Russia-related sanctions in 2022 such as the  Seaborne Russian-origin oil price cap, export control and trade restrictions, as well as various sanctions evasion tactics by the Russian regime and oligarchs which have led to further prohibitions against providing certain services such as accounting, consulting, and trust and company formation services.

Looking to 2023, the panel discussed the anticipated expansion of sanctions already in place, the importance of integrating trade controls into AML, the role of AML in preventing sanctions evasion, and the need for greater collaboration with strategically important clients, particularly those associated with vulnerable sectors like trade, energy, and gatekeepers to address risk management challenges.

For a limited time, you can watch a recording of the full webinar here.