2024 AGENDA

Amsterdam, The Netherlands | 11-12 April 2024

Thursday, 11 April 2024

Main Conference Day 1

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8:00 – 9:00

Registration and Breakfast
The attendees are warmly invited to partake in our complimentary breakfast after completing the registration.
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9:00 – 9:15

WELCOME REMARKS
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9:15 – 9:45

KEYNOTE ADDRESS – by Alina Nedea, Head Sanctions Unit, DG FISMA, EU Commission
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9:45 – 10:30

GENERAL SESSION: The Geopolitical Game to Control Semiconductor Supply Chains: What You Need to Know
In this session, we focus on the semiconductor rules, export controls, supply chain and sanctions related to China. Recent semiconductor rules in the Netherlands and a series of developments by the EU and China concerning access to semiconductors and the materials necessary for their manufacture have created new risk factors.

We will cover the enhanced export control restrictions proposed in the EU’s recently published economic security strategy and China’s actions with rare materials critical to the semiconductor supply chain.

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10:30 – 10:45

Networking Break in Exhibit Area
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10:45 – 12:00

GENERAL SESSION: Circumvention in the Real-World: Detection of Diversion and Transshipment Risks

Join us as representatives from some of the top law enforcement and investigative agencies in Europe discuss how they tackle circumvention through third countries, diversion and transshipment. What is the current state of EU and G7 taskforces and other initiatives undertaken to improve sanctions enforcement, such as streamlining cooperation and harmonising national procedural rules?

  • How has enforcement changed over the last year? Have recent cases altered the status quo of circumvention?
  • What lessons can we still learn? And how can you, as a business or a bank, help to detect bad actors and prevent sanctions crime globally?
Moderator:  Scot Gonzales | BIS
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12:00 – 13:00

Networking Luncheon
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13:00 – 14:30

ROUNDTABLES – 2 rounds of 40 mins each + 10 mins to move to next session

Back by popular demand – the ACSS Conference Break-Out Round Tables! Ask practical questions and problem-solve with your peers. Attendees can choose from moderated roundtable topics, engage in detailed discussions and benefit from a more topic-specific networking opportunity. There are two back-to-back sessions of 40 minutes each. After session one, attendees can go to the next topic of their choice. These roundtables will take place on days one and two, enabling attendees to choose four topics.

  • Evasion of Trade Sanctions/Export Controls on Russia/Belarus
  • Control Lists, Classification and Elements of an Effective Export Controls Compliance Program
  • Sanctions & Technology: The Latest Advances in Screening and How to Deal with False Positives
  • Dual Use Trade Controls for Banks
  • China and Supply Chain Due Diligence
  • Due Diligence, Identifying Beneficial Owners and 50% Rules
  • How to Effectively Manage Regulatory Expectations
  • Developments in UK Sanctions and Export Controls, hosted by OFSI
  • EU Sanctions – Ask Me Anything
  • Insurance, Transportation and Logistics
  • Iran, Hamas, Hezbollah, and other Current Sanctions Issues in the Middle East
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14:30 – 15:15

GENERAL SESSION: I, Sanctions Robot – Integration of AI into Sanctions Screening

This panel will discuss the shifting paradigm in the interaction between human and artificial intelligence, as well as our growing use of the latter.

We will cover:

  • The impact of data quality on the effectiveness and efficiency of automated processing;
  • How to reach a “comprehensive 360-view on customer” static and transactional behaviour’; and
  • New skills that may be needed in sanctions compliance investigations with the introduction of AI.
Moderator:  Jon Burke | Citi
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15:15 – 15:30

Networking Break in Exhibit Area
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15:30 – 16:15

GENERAL SESSION: Sanctions Crisis Exercise – From Chaos to Calm

In this session, our speakers will take you through a crisis scenario that examines potential sanctions violations and has you spot red flags and issues in real time!

In this exercise, you will learn how to:

  • Spot potential sanctions and export restrictions violations in common day-to-day situations that may arise;
  • What next steps to take if you think you have identified a possible violation; and
  • When and if to voluntarily disclose and to whom
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16:15 – 16:30

Networking Break in Exhibit Area
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16:30 – 16:50

GENERAL SESSION: Sanctions and Export Controls Trivia Game 20/20
Join us for a little fun! Participate in our trivia quiz to test your real-world knowledge of sanctions regulations, common terminology, and key lessons learned from enforcement cases in a fun and interactive format. But you better be quick or someone will beat you! Amazing prizes to be won for those who place first, second, and third. So don’t miss out!
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16:50 – 17:00

Closing Remarks Day 1
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17:00 – 18:00

Networking Cocktail - All Aboard the S.S. Sanctions Compliance!
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18:30 – 20:30

Boat Experience for ACSS Members

Friday 12 April 2024

Main Conference Day 2

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8:00 – 9:00

Registration and Breakfast
The attendees are warmly invited to partake in our complimentary breakfast after completing the registration.
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9:00 – 9:20

Keynote: Geostrategy and the Future of Bank Compliance by Martin Vogt, Senior Specialist Advisor, Deutsche Bank and Chair of the Financial Sanctions Expert Group of the European Banking Federation
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9:20 – 10:20

GENERAL SESSION: Regulation Station: New Developments in Policy and Enforcement and Steps Taken Towards Global Cooperation
Join us as expert speakers from the EU Commission, EU member state agencies, UK’s OFSI, OFAC and others share their perspectives on evolving sanctions policy and new enforcement developments. Assist us with preparing to navigate the sanctions compliance landscape in 2024 and beyond.
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10:20 -10:35

Networking Break in Exhibit Area
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10:35 – 11:20

GENERAL SESSION: Looks Can Be Deceiving – How To Know Whether Goods Are Dual-Use and What Steps to Take to Avoid a Violation
With increased restrictions on exports, it may be time to take another look at the goods, services, and technology that you provide. Could that chemical-based car wax you are producing or metal instrument you are selling be used for something sinister? There are now increased expectations from regulators for banks and companies to evaluate their customers’ trade in dual-use goods and other controlled items. What are the practical compliance implications of these developments?

In this session, the panel discusses the due diligence procedures for dual-use goods that FIs and companies transacting with high-risk countries can implement to remain compliant.

Moderator:  Kester Meijer | KLM
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11:20 – 12:00

GENERAL SESSION: The Long-Arm of OFAC: Tackling the New Extraterritorial Authorities That Target Foreign Financial Institutions
In view of Russia’s continued use of a military aggression, OFAC has announced new targeting authorities aimed at foreign banks, securities broker-dealers, insurance companies, and other foreign financial institutions that provide services to, or engage in significant transactions relating to, Russia’s military-industrial base. Foreign financial institutions that conduct or facilitate significant transactions or provide any services involving Russia’s military-industrial base now run the risk of being sanctioned by OFAC or losing their correspondent account.

This panel will explain the impact of these new restrictions, and cover how to identify and minimize your institution’s exposure to these risks.

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12:00 – 13:00

Networking Luncheon
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13:00 – 14:30

ROUNDTABLES – 2 rounds of 40 mins each + 10 mins to move to next session

Back by popular demand – the ACSS Conference Break-Out Round Tables! Ask practical questions and problem-solve with your peers. Attendees can choose from moderated roundtable topics, engage in detailed discussions and benefit from a more topic-specific networking opportunity. There are two back-to-back sessions of 40 minutes each. After session one, attendees can go to the next topic of their choice. These roundtables will take place on days one and two, enabling attendees to choose four topics.

  • Evasion of Trade Sanctions/Export Controls on Russia/Belarus
  • Control Lists, Classification and Elements of an Effective Export Controls Compliance Program
  • Sanctions & Technology: The Latest Advances in Screening and How to Deal with False Positives
  • Dual Use Trade Controls for Banks
  • China and Supply Chain Due Diligence
  • Due Diligence, Identifying Beneficial Owners and 50% Rules
  • How to Effectively Manage Regulatory Expectations
  • Developments in UK Sanctions and Export Controls, hosted by OFSI
  • EU Sanctions – Ask Me Anything
  • Insurance, Transportation and Logistics
  • Iran, Hamas, Hezbollah, and other Current Sanctions Issues in the Middle East
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14:30 – 15:15

GENERAL SESSION: CSI Sanctions – Dissection of the Latest Sanctions and Export Controls Enforcement Actions
In this session, speakers review common compliance issues from recent enforcement actions. What can we learn from these enforcement actions? Know the pitfalls: it may be the difference between a simple bump in the road or falling headfirst into regulatory quicksand when the government comes knocking.
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15:15 – 15:30

Networking Break in Exhibit Area
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15:30 – 16:15

GENERAL SESSION: The New Age of Digital Currency – A Practical Guide to Detecting Stealth in the Crypto Currency Sector

Amid the rapid changes in sanctions, crypto, fintech businesses and financial institutions must consider the impact on their compliance operations and prepare for continued focus on their sector.

The panel will cover:

  • The critical steps in navigating the emerging challenge of cryptocurrency sanctions compliance;
  • The main ways cryptocurrencies circumvent sanctions; and
  • What you as a sanctions professional can do to identify and intercept cryptocurrency transactions attempting to avoid sanctions.
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16:15 – 16:30

Closing of Conference Remarks