Brief Description:

In today's interconnected world, understanding your foreign business partners is crucial. The Export/Import and Trade Finance landscape is facing increasing risks due to geopolitical tensions and complex regulations not mentioning the latest US & Allied sanctions regimes targeting specific jurisdictions. To effectively manage and reduce the risk inherent to Trade-Based Money Laundering (TBML), a connected risk and compliance approach to cross-border trading and finance is essential. This requires a new mindset and heightened awareness from both the financial and corporate sectors. This workshop, led by two leading International experts, will equip participants with the knowledge needed to successfully navigate this complex compliance landscape and manage cross-border trade risks effectively, including export/import legal litigations.

Objectives of the seminar:

• Provide the background for the changes and evolving complexities in trade compliance.
• Present recent legal cases and judgments in international courts with a compliance dimension.
• Illustrate the approach where regulatory compliance conflicts with international trade finance rules such as the UCP600.
• Highlight the impact of the new sanctions regime and money laundering cases related to Export/Import and Trade-Based Money Laundering
• Create awareness of the importance of capacity building in the banking and corporate sectors for Trade Finance and Export/Import business and compliance

Target Audience:

This workshop is essential for professionals across both financial and non-financial sectors engaged in international trade. From financial institutions, this includes teams in Compliance, Anti-Money Laundering & Sanctions, Legal, Audit, Risk, Treasury, and Trade Finance divisions. From the trade sector, this encompasses cross-border export/import companies, shippers, freight forwarders, exporters, importers, customs clearing agents, legal experts, and trade controllers. Participants will gain valuable insights into the complex cross-border trade landscape and develop a thorough understanding of the new sanctions requirements and compliance.