Compliance Clarified – a podcast by Thomson Reuters Regulatory Intelligence Season 4, Episode 10: Sanctions – intended and unintended consequences and how to deal with them
Apr 5, 2022
Susannah Hammond, an expert in compliance and sanctions, is joined by Rachel Wolcott and Brett Wolf to discuss the current state of play with sanctions and the unintended consequences arising from the response to the conflict in Ukraine. They explore challenges faced by financial institutions, personal liability for UK firms, the use of Swift as a sanctioning weapon, unintended consequences of sanctions, and the importance of documentation in dealing with sanctions.
Chapters
Transcript
Episode notes
1 2 3 4 5
Introduction
00:00 • 3min
Challenges and complexities of financial institutions in dealing with sanctions
03:14 • 14min
Personal Liability for UK Firms and the Use of Swift as a Sanctioning Weapon
17:23 • 7min
Unintended Consequences of Sanctions and Challenges for Firms
24:44 • 9min
The Importance of Documentation in Dealing with Sanctions
33:23 • 5min