In the tenth, and last, episode of season 4 of the Compliance Clarified podcast, Susannah Hammond is joined by Rachel Wolcott and Brett Wolf to take a look at the current state of play with sanctions and the intended and unintended consequences emerging from the response to the conflict in Ukraine.
Links to content referenced in the discussion:
Imposition of sanctions deemed to be symbolic https://www.linkedin.com/posts/amlwolf_putin-sanctioned-activity-6904888722626871296-9Swn?utm_source=linkedin_share&utm_medium=ios_app
Banks with cryptos exposure need to act to mitigate sanctions invasion risk https://www.linkedin.com/posts/amlwolf_managing-russia-sanctions-evasion-tied-to-activity-6907361899344994304-yumm?utm_source=linkedin_share&utm_medium=ios_app
UK FCA statement https://www.fca.org.uk/news/statements/new-financial-sanctions-measures-relation-russia#revisions
Operational resilience impact https://www.fca.org.uk/firms/operational-resilience/russian-invasion-ukraine
Use of side pockets for asset managers https://www.fca.org.uk/news/statements/fca-consult-use-side-pockets-retail-funds-exposure-sanctioned-and-suspended-russian-assets
UK Treasury report on sanctions https://publications.parliament.uk/pa/cm5802/cmselect/cmtreasy/1186/summary.html
Further information on Thomson Reuters Regulatory Intelligence can be found at: https://legal.thomsonreuters.com/en/products/regulatory-intelligence?elqTrackId=73370082102a4669b4d34524158b501c&elqaid=3945&elqat=2
